Coal exports at sea fall when China is closed imported
CHina coal imports resigned during the first quarter of this year, which in turn took victims in the global sea coal trade. In its latest weekly report, Banchero Costa ships said that “In Jan -Mar 2025, the loading of global sea coal decreased by -6.7% yoy to 307.0 mln T (excluding cabotage), based on tracking data from AXS in 20s. -10.7% yoy to 114.5 mln tons, while from Australia down -9.4% yoy to 76.6 mln T Kolombies decreased amounting to -18.9% yoy to 12.5 mln T in Janmar 2025, from Canada rose with +0.8% yoy to 11.6 mln T, and from mozambic with +4.6% toys to 4.5 mln T “.
Source: Bancha Costa
According to Banchero Costa, “Seaborne coal imports into mainland China declined by -7.3% yoy to 87.4 mln t in Jan -Mar 2025. Imports to India declined by -10.1% yoy to 53.9 mln T, to Japan increased South Korea is down by -20.0% yoy to 23.8 mln t. yoy up to 87.4 mln T, but still significantly higher than 80.6 mln T at 1Q 2023 and 44.2 mln T at 1Q 2022 “.
“In January 2024, most of the volume of coal to China was published on Panamax ships (52.3%), with 23.4% on supramax and ultramax ships, 6.9% in post-Panamax and 14.4% in Castesion Tonnage. Top Discharge Port for Coal Imports to China in Jan-Dec 2024 is Machong Machong (24. t), Qinzhou (20.1 mln T), Gaolan (18.2 mln T), Meizhou (17.7 mln T), Caofeidian (16.0 mln T), Shanghai (15.3 mln T), Nanjing (11.1 mln (11.3 mln T), Nanjing (11.1 mln (11.3 mln T) (11., T 11.3 mln t), Nanjing (11.1 mln (11.1, T), Nanjing (11.1 mln (11.1 mln T), 11.1 mln (11.1 mln (11.1 mln (11.1.1 mln (11.1 mln (11.1 mln (11.1 mln (11.1 mln (11.1 mln (11.1 mln (11.1 mln (11.1 mln (11.1 mln (11.1.1 mln (11.1 mln (11.1 MLN (11.1 MLN) (10.1 mln T), Dongwu (10.1 mln T).
Source: Bancha Costa
Australia is now back, and the second largest coal supplier to China with a share of 17.8%. In Jan -mar 2025, China imported 15.6 mln tons of coal from Australia, down -10.0% yoy from 17.3 mln tons at 1Q 2024, but greatly rose from 3.3 mln T at 1Q 2023 or 0.1 mln T in 1Q 2022. The third largest supplier of China to China. Coal shipments from Russia to China Declined by -2.4% Yoy to 12.1 mln T in Jan -Mar 2025, well below the 18.2 mln t in 1q 2023, but well above the 7.4 mln t in 1q 2022. Most Russian Shipments are sourced Jan-Mar 2025 from the port of vanino, 2.2 mln T from vostochny, 2.1 mln t from the nakhodka. The volume of coal from Canada to China has skyrocketed by +68.7% yoy in Jan-Mar 2025 to 3.5 mln T. From their US surprisingly increased by +10.0% yoy to 2.6 mln tons in Jan-Mar 2025 “, the ship concluded.
Nikos Roussanoglou, Hellenic Shipping News worldwide
