Colombian coal warning for capesizes
- Colombian exports have been on the slide since the pandemic
- Shipments to China, Japan and South Korea were down nearly 60% in March 2025
- Capesize owners should ‘exercise greater caution’ when ballasting to South America, shipbroker BRS says
Glencore company Cerrejon announced it was cutting its coal production in Colombia due to ‘unsustainable’ prices of thermal coal transported by sea