The Chinese government has prohibited the import of Australian coal, which will be detrimental for dry bulk vessels as Chinese importers will shift from Australia to Indonesia and Mongolia, resulting in a decline in average haulage length and a loss in shipping demand. China-Australia coal tussle Deteriorating relations between Australia and China are now a …
The post China-Australia tiff to hit dry bulk demand first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/china-australia-tiff-to-hit-dry-bulk-demand/