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Coal retraction on the horizon

Global coal markets are heading into 2027 with an unusual combination of resilience, uncertainty and structural change, according to the International Energy Agency’s latest Coal Mid-Year Update 2026. While geopolitical tensions and higher natural gas prices have given coal demand and trade an unexpected boost in 2026, the IEA expects those gains to prove temporary, ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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GMS Week 38 – Freight Pays, Beaches Wait

Last week the risk spread west. This week the two chokepoints stopped taking turns. Saudi Arabia and the Houthisexchanged fresh strikes as fighting around Yemen’s Red Sea coast continued, while Iran’s…

  • Freight rates eased from previous highs in Week 38 of 2026.
  • Baltic Dry Index declined to 3,336 from 3,521 previous week.

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