India becomes main driver in global coal demand
Analysts note that India’s imports of Australian coking coal have grown enough to be comparable with those to China and Japan. India already accounts for up to 25% of Australia’s monthly coking coal exports. (p. 1)

Encouraging Handy trends limited to the East
The only highlight seems to be the Handysize market in the East. A 30,000 dwt vessel was taken for an Aussie RV in the low US$ 7,000s daily. (p. 2)

Sulphur regs loom while bunkers stay old school
…now some 84% of bunkers is still heavy fuel oil (HFO). Long-term investment decisions will have to be taken by ship owners, operators, financiers and refiners to reduce local pollutant emissions. (p. 3)

…continue reading in today’s BMTI Daily Report.