Coal trade flows shift towards regional buyers
Changing procurement patterns are reshaping voyage lengths in the seaborne thermal coal trade.
Seaborne thermal coal flows have continued to shift towards regional buyers, with shorter voyages accounting for a larger share of shipments.
Traders said the pattern reflects procurement decisions rather than a change in overall import appetite, and that Supramax and Panamax tonnage has been the main beneficiary.
Analysts noted that shorter average haul lengths can moderate tonne-mile demand even when volumes are stable.
Owners active in the trade said employment has remained steady, with cargo availability sufficient to keep prompt tonnage covered.
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