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.
The completion date for the 68 km railway connecting the Majuba coal-fired plant and South Africa’s heavy haul export rail line, which runs to Richards Bay Coal Terminal, has again been postponed, this time until March 2021, as the work is taking longer than expected to complete
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