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Wed, Jun 10 • Nairobi

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Finance

Oil Crunch Is Stoking Asia’s Demand for Coal, Shipping CEO Says

Bloomberg Jun 10, 2026 2h ago ⏱ 1 min read 👁 2 views

Oil Crunch Is Stoking Asia’s Demand for Coal, Shipping CEO Says

Image via Bloomberg

📋 Article Summary

43 words

Coal is emerging as an increasingly attractive alternative to oil for energy-starved countries across Asia, according to Stamatis Tsantanis, chief executive officer of Seanergy Maritime Holdings Corp. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

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