Regulation

Traders at odds with China import ban keep coal cargoes in limbo

Seafarers and cargoes are stuck in a tug of war between China's ban on Australian coal and buyers who will not let them divert to other ports. An estimated 1,480 seafarers are stranded off the coast of China, many for several months.
Coal carrier pictured off the coast of Newcastle, Australia. | Photo: David Gray/Reuters/Ritzau Scanpix
Coal carrier pictured off the coast of Newcastle, Australia. | Photo: David Gray/Reuters/Ritzau Scanpix
BY BLOOMBERG

Seafarers stuck for months on vessels carrying Australian coal off China's coast are trapped between authorities who won't let them unload their cargoes and buyers who won't let them leave.

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