China confirms Australian coal ban leaving 38 bulk carriers stranded
Trade spat sees China seek coal from alternative suppliers, affecting major Pacific coal shipping routes
Lloyd’s List Intelligence data shows at least 35 panamax or post-panamax and three capesize bulk carriers of more than 6m dwt, which loaded coal at eastern Australian ports since July, are at anchorages outside terminals at Caofeidian, Huanghua, Tangshan and Bayuquan