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.
Port Qasim Authority (PQA) is in talks with Pakistan International Container Terminal Limited (PICT) to develop a US$175M coal and cement terminal at the port by 2011.
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