BTJ 5/15 - Report: Baltic bulk market. The king?
Publication date: 2015-11-05
Roughly calculating 2014's volumes, dry bulk accounted for approx. 44% of goods carried by sea worldwide.
This means that unpacked cargo is the main commodity carried across the oceans and consequently – handled in ports. Moreover, it's also the fastest growing; while total seaborne trade has grown by 38% since 2005, dry bulk has risen by 57%, outpacing second place liquids (an increase by only 15% to a share of 33%). Therefore, dry bulk is undoubtedly the freight king globally.
The king?, by Marek Błuś
The 5/2015 issue of Baltic Transport Journal in the Report section features also:
- In good shape. The European wheat market, by Inna Chernenko, APK-Inform Agency:
Despite the fact that many EU countries expected higher production and export rates of wheat in the 2015-2016 period, last season's record will most likely not be reached. The initial decline in the forecast of harvest volumes was further weakened by this year's unfavourable summer weather conditions. Nonetheless, even if we also take into account the increasing competition from the side of Ukraine and Russia's Black Sea part,European wheat producers aren't facing any major turbulences laying ahead, rather competitive spurs.