Colombian coal demand from Asia drives up Capesize shipping
NewsDrewry forecasts a 3.3% rise in Capesize shipping demand in 2024, driven by increased coal exports from Colombia to Asia, offsetting reduced European demand.
India’s Visakhapatnam Port Trust (VPT) has shortlisted six bidders for the US$95M contract to mechanise coal handling facilities and upgrade the general cargo berths in the outer harbour to handle 200,000-dwt ships.
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