The Chinese demand for coal may plunge further next year, projects several analysts citing the fact that the government in Beijing has a strong focus on converting the country's energy resources to more clean sources, which thus means a different import status than before, reports analyst firm Alphabulk.
China's coal consumption has historically been regarded as one of the major engines of growth for dry bulk shipowners, a sector that especially hit the bottom last year with a surprising fall in Chinese coal import by 22 percent in the third quarter.
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