Russia’s invasion of Ukraine and the resulting disruption to energy supplies has pushed global coal consumption to a new record this year, according to the Paris-based International Energy Agency (IEA).
The outlook for the exceptionally firm car carrier market is positive, with limited downside risks in the case of a global economic slowdown.
A decline in global trade in the third quarter 2022 is expected to get worse in 2023, according to the United Nations Conference on Trade and Development (UNCTAD).