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.
While coal is a relatively “clean” commodity to handle, in that coal dust does not have any harmful properties when settled, it is both unsightly and difficult to remove, particularly on water as it will float and cannot be broken down naturally or by chemical dispersants.
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