Global Coal Markets: Ocean Freight and Infrastructure

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Dry bulk seaborne trade growth will hit a low point in 2019 and expected to moderate over the longer term. With additional vessel supply coming online and incoming IMO 2020 regulations impacting bunker fuel costs - the net result on actual voyage costs will provide an interesting outcome. For both thermal and metallurgical coal, we expect energy transition and Asia's steel demand story to dictate trade flow developments. As a result infrastructure build out will be focused on key export regions meeting this demand.

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    Slide pack - Ocean freight and infrastructure H1 2019.pdf

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    Global Coal Markets: Ocean Freight and Infrastructure

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