What are the major dry bulk cargoes?

Major dry bulk trades include iron ore, coal, grain, bauxite, sand and gravel, and scrap metal. Liquid bulk or tanker cargos include crude oil and petroleum products, chemicals, liquefied natural gas (LNG), and vegetable oil.

What is dry cargo in shipping?

Dry cargo is a term that is used to describe goods that are solid and dry, and require no special types of precautions during the shipping process. Goods of this type are not any form of gas or liquid, and may be shipped in containers that do not have any type of temperature control equipment included.

What are examples of bulk cargoes?

Items such as oil, grain, or coal are all examples of bulk cargo. Bulk cargo is classified as either free flowing, a liquid, or a dry item. This type of cargo is typically dropped or poured as a liquid or solid into a merchant ship, railway car, or tanker truck.

What are examples of bulk goods?

What are the major and minor bulk products using in dry bulk business?

Major bulk cargo represents the vast majority of dry bulk cargo by weight, and comprises, among other things, iron ore, coal and grain. Minor bulk cargo represents the balance of the dry bulk industry, and comprises agricultural products, mineral cargoes, cement, forest products and steel products.

What is considered dry-cargo?

dry cargo. noun [ C or U ] TRANSPORT, COMMERCE. goods, such as coal, metals, and grain, that are not liquid and are carried in large quantities by ship or in another large vehicle: China is a leading builder of the kind of dry-cargo ships which carry iron ore, copper, and other raw materials to its own booming …

What is bulk shipping industry?

Bulk shipping is the transportation of goods in large quantity, usually not packed but loaded directly into a vessel. Such goods are grains, petroleum products, iron ore and more. These type of goods are referred to as bulk cargo.

What does dry-cargo mean?

A dry-cargo container is a shipping container used for transporting all types of goods, except liquids.

What is the global dry bulk shipping market?

On the basis of ship type, the global dry bulk shipping market can broadly be divided as, Capesize, Panamax, Handymax and Handysize. In terms of commodity, the global market can be categorized into Iron ore, Thermal coal, Coking Coal, Grain and Minor bulk.

Is shipping dry bulk commodities easy?

If you’ve read this far, you know at least one thing about shipping dry bulk commodities: it isn’t simple. Requirements vary from commodity to commodity, and there’s a lot more risk involved than you’d face with dry van shipments.

Which region is the fastest-growing for dry bulk shipping?

The fastest-growing regional market is Asia Pacific due to increase in iron ore imports to China, a rebound in the global coal trade and improved growth in minor bulk trades. Europe represents one of the largest dry bulk shipping markets and is already well-penetrated at developed market levels.

What is dry bulk and why is it important?

Many other dry bulk commodities—sand, clay, limestone, starches, fertilizers, to name just a few—play a crucial role in industry and agriculture. Dry bulk is an important component of today’s supply chains, and transporting it is no simple matter.