Coal trades net boost amid power shortages
A global energy crisis that has seen skyrocketing gas prices has reignited the focus and use of coal to the benefit of the dry bulk market
China’s need for coal has resulted in a shipment from Kazakhstan carried on a capesize. Elsewhere, there are reports that some bulkers carrying Australian coal have finally been allowed to unload their cargoes after waiting to discharge following the unofficial ban imposed by Beijing late last year amid a trade scuffle
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