Oslo - During the first half of 2025, global coal shipments fell 6% y/y amid weak importdemand in large markets. Cargo loadings headed to China and advanced economies slowedconsiderably, partly due to stronger electricity generation from renewables and to weakersteel production,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.

In recent years, China has joined several of the world’s advanced economies in rapidlyphasing out fossil fuels from its electricity generation, thus reducing import dependence.According to the International Energy Agency, China is currently the largest energy investorin the world, spending almost as . . .