What are the five 5 major dry bulk trades?

What are the five 5 major dry bulk trades?

Dry cargo, including (a) the five major bulk commodities (iron ore, coal, grain, bauxite and alumina, phosphate rock), (b) minor bulks (forest products and the like), (c) containerized trade, (d) general cargo/breakbulk, accounted for the largest share (70.2 per cent).

What is considered dry bulk shipping?

A dry bulk commodity is a raw material that is shipped in large unpackaged parcels. Dry bulk consists of mostly unprocessed materials that are destined to be used in the global manufacturing and production process.

What does a dry bulk carrier do?

A dry bulk carrier is a vessel designed to carry dry cargoes in bulk. Cargoes such as grains, minerals, iron ore, coal, bauxite, alumina, phosrock etc, but also general cargo such as bagged cargoes, forest products and steel products.

How many dry bulk carriers are there in the world?

As of December 2020, the total dry bulk vessel operating fleet was 12,312 vessels, with a cargo capacity of 912.2 million deadweight tons (dwt), according to Drewry Shipping Consultants Ltd.

What is dirty cargo?

Dirty cargoes comprise crude oil or heavy, viscous petroleum products (heavy fuel oil, for example, which coats the sides of the cargo tanks). Those petroleum products which leave significant amounts of residue in tanks. Generally applies to crude oil and residual fuel oil.

What is TEU stand for?

TEU is an acronym used in logistics, which means ‘Twenty Equipment Unit’ or in other terms a ’20-foot container’. TEU is the smallest equipment used to transport goods with Twill.