EU: 40 Million Tons of Coal Will Need to Be Sourced from Elsewhere After Ban on Russian Coal

With the EU ready to ban Russian coal imports, it’s worth taking a look at what this means for the seaborne coal trade in general. In its latest weekly report, shipbroker Banchero Costa said that “following a disastrous 2020, with the world hit by lockdowns and recession pretty much everywhere, global seaborne coal trade managed ...

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