Tanker demand would fall every year from 2025 onward, it added. Coal, of course, remains under long-term secular pressure as utilities switch to natural gas and renewables.

Bulk rates came down last year on slowing demand growth. This month, a one-year charter for a Panamax 75.000 DWT bulker was priced at $13,750 a day, which is around the 10-year average.

Coal (EU + UK imported 87 million tonnes in 2021) is the dry bulk flow to Europe most exposed to redirection in the short run. The EU sourced 46% of its coal imports from Russia and from August ...

Barriers to tanker entry: Equipment, insurance costs sky-high for independents Owner-operator Fred Stair, owner of Tristate Haulers LLC, keeps his operation old-school with this 1988 Peterbilt 379.

A North Korean Coal Tanker Is Blocking Talks on Nuclear Disarmament Published May 23, 2019 at 6:25 AM EDT Updated May 23, 2019 at 12:21 PM EDT ...

The 755 foot (230 meter) bulk carrier was carrying about 72,000 U.S. tons (65,000 metric tons) of coal to China and ran aground within hours of leaving the Queensland port of Gladstone.

The cost of shipping oil will surge while freight rates for hauling coal, iron ore and grains slump, said Nobu Su, the chief executive officer of Taiwan Maritime Transportation Co. Ltd.