Growth in the transport of coal, one of the driving forces behind the supramax and panamax dry-bulk sectors, is expected to slow down if plans by China to wean itself off the commodity for power generation and India’s desire to tap into its own coal reserves both come to fruition. Market consensus is that it could eventually go into a slow but steady decline.
Coal is loosing its lustre as a major source of electricity generation in developed and developing countries.
