Coal demand tells a tale of two regions
While European coal demand and trades have been hit by the coronavirus, thereby affecting the bigger bulkers, imports into countries in Southeast Asia, such as Vietnam, have strongly increased, helping the small-to-medium sized vessels, according to Braemar ACM
While European imports have dropped by 37% in April compared with a year earlier, cargoes into Southeast Asia are up 71%, according to Braemar
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