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.
Recent violence by former rebel group Renamo has resulted in the suspension of some coal rail transports, generating fears of renewed violence in Mozambique. Backed by the white supremacist governments of Rhodesia (now Zimbabwe) and South Africa, Renamo fought a long bloody civil war against Maputo that ended in 1992. It has since converted itself into a political party but failed to gain power and has now asked for changes to the new electoral law. Mozambican elections are widely considered to
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