Australian coal exports: the latest issue of Banchero Costa’s weekly market report dedicated to the global shipping business. This week the focus of the research comment is on Australia’s coal exports.
In the 12 months of 2020, global seaborne coal trade declined by as much as -12.7% year-on-year, according to vessel tracking data from Refinitiv, as lockdowns shut down much of the global economy.
Nevertheless, the Pacific basin (and in particular China and Vietnam) remained one of the few brighter
spots on the global map, and this helped to shore up demand for Australian coal.
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