Coal trade by sea is shifting from Europe to other markets

Report "Coal 2018, Analysis and forecast 2023" of International Energy Agency shows that Europe was the only shrinking market in a sea coal trade in 2017. Countries such as: Brazil, Taipei, Korea, Malaysia, Mexico, Morocco, Philippines, Pakistan, Turkey and Vietnam observed the biggest coal imports, while China increased their result by 15Mt. With further growth in 2018, in China and India, sea coal trade was approaching 1 billion tons.