Drewry projects a 3.3% YoY gain in Capesize shipping demand in 2024 due to the shift in Colombia’s coal exports to the Far East. Freight rates on the Colombia-ARA route will be dampened as Europe, Colombia’s erstwhile major trade partner, is reducing its dependence on fossil fuel amid subdued electricity production and is emphasising the ...<p><p>https://www.hellenicshippingnews.com/asias-appetite-for-colombian-coal-pushing-up-capesize-demand/</p></p>