China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping demand in 2021. Amid the China-Australia trade dispute, China has significantly increased its imports from the US, Canada, Colombia, Russia and South Africa, boosting tonne-mile demand. We expect shipping demand arising from Chinese imports to …
The post China pushes coal trade on the longer route – a boon for smaller vessels? first appeared on Hellenic Shipping News Worldwide.