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IMO 2020, a shipping regulation that may reshape global coal trade.

It is not uncommon for people in various commodity sectors to believe that their markets exist in some kind of a happy bubble, where only the obvious supply and demand forces or targeted regulations can make or ruin their day. This often applies to the world of coal too. Shipping is a perfect example of a factor which is sometimes overlooked. This is evident from industry events these days, where shipping is often either way down the agenda or off it completely. The issue here is not ignorance, of course. When it comes to seaborne coal cargoes, any trader worth his salt would still look at the freight element as it affects the CIF price and delivery time.

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Publication:Pakistan & Gulf Economist
Date:Jan 21, 2018
Words:144
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