Bulk

Russia ships less coal to India and China

Coal exports from three key Russian ports have plummeted since April, creating less work for panamax vessels in particular on the long routes, according to one brokerage firm.
However, China's total coal imports have grown 73 percent this year compared to last year, despite higher coal production in China. | Photo: Dimitri Messinis/AP/Ritzau Scanpix
However, China's total coal imports have grown 73 percent this year compared to last year, despite higher coal production in China. | Photo: Dimitri Messinis/AP/Ritzau Scanpix
by DANIEL LOGAN BERG-MUNCH

Dry bulk carriers have less coal to ship from Russia to China and India.

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