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India's coal import in serious dive

Coal cargo headed to India, the world's third-largest coal importer, is declining rapidly and is, for the first time in five years, expected to note a slide in imports, reports Alphabulk.

Photo: Rotterdam Havn

China's declining growth is the dominating theme of the dry bulk industry's historic low, but also India, the world's third-largest coal importer, is ready with bad news for the shipowners.

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