COAL-THE GROWTH TRADE?
This paper examines the history and growth of the world coal industry and the future growth prospects for the international coal trade. Until recently the coal industry has been essentially domestic, satisfying only 18% of the total world energy demand, with only 6% of the total world coal production moved internationally as seaborne trade. The author, however, views the future of the world coal industry with optimism, siting diminishing oil and gas supplies and rising prices as impetus to growth of coal production. He suggests that worldwide coal production will increase dramatically in the next 5 to 15 years with the possibility of production reaching 8,000 million tonnes by the year 2000. The impact of such growth on the seaborne international coal trade in particular, and the dry bulk trades in general is also discussed. The author uses detailed charts and tables to illustrate his scenarios for future growth in the coal industry.
- Paper presented at Commodities on Bulk Shipping in the 80's, a Lloyd's of London Press Conference, the London Press Center, 13/14 December 1979.
Lloyd's of London Press LimitedSheepen Road
Colchester, Essex CO3 3LP, England
- Alkema, H
- Publication Date: 1980
- Pagination: n.p.
- TRT Terms: Bulk cargo; Coal; Coal industry; Demand; Dry bulk cargo; Economic forecasting; Energy; Freight traffic; International trade; Shipping; Trade
- Old TRIS Terms: Bulk coal; Energy demand; Shipping forecasts; Trade development; Trade forecasts
- Subject Areas: Economics; Energy; Freight Transportation; Marine Transportation;
- Accession Number: 00316333
- Record Type: Publication
- Report/Paper Numbers: Conf Paper
- Files: TRIS
- Created Date: Oct 8 1980 12:00AM