Stranded Coal Ships Caught In Crosshairs Of China-Australia Spat

At least 20 giant bulk carriers are anchored off the Chinese port of Jingtang and unable to offload millions of tons of Australian coal, the latest casualty of the growing diplomatic row between Canberra and Beijing.

Fifteen of the ships have been waiting since June, and the remainder have been delayed for at least four weeks, according to an analysis of shipping data conducted by Bloomberg. The northern port is one of the nation’s key gateways for metallurgical coal imports used in steel production.

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