Coal shipments to advanced economies at 23-year low
According to Filipe Gouveia, Shipping Analysis Manager at BIMCO, global coal shipments to advanced economies will fall 2% y/y in 2025, reaching a 23-year low. “This will be the third consecutive annual drop although the pace of decline has slowed compared to previous years.” The contraction is primarily driven by weaker coking coal demand due […]
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