High Hopes on Dry Bulk Trade in 2021, As Chinese Imports Dominate

Overall, total tonnes transported by the dry bulk shipping industry fell by 1.3% to 5.49 billion tonnes, from 5.56b in 2019.
It is however still higher than the 5.46b tonnes shipped in 2018.
China cements its position as the dominant player in dry bulk shipping with its imports now accounting for just shy of 50% of the market when measured in tonne-miles.
This overall drop in tonnes marks discrepencies between different dry bulk commodities.
Of the three main commodity grous: iron ore, coal...