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China weaves through the changed coal market puzzle

The change in Chinese coal trade patterns, as it seeks replacements for Australian imports, have been a mixed blessing for dry bulk shipping as the Asian giant navigates through the political row to scout for alternative sources

More than 20 laden bulk carriers have been stranded in Chinese anchorages, with 18 waiting for more than five months to offload Australian coal, according to Lloyd’s List Intelligence vessel-tracking data

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