In topsy-turvy commodity trades, small ships outperform big ships

photo of large crude tanker; large ships are earning less than small ships

You pay more to get more. Renting a four-bedroom townhouse is far more expensive than renting a studio apartment. The nightly rate for a penthouse suite is much higher than for a standard room.

So, in ocean shipping, you might expect booking a load of coal on a mammoth dry cargo vessel would cost a lot more than on a bulker carrying less than a third the volume. Or that a spot voyage deal for a supertanker carrying over twice the volume of crude oil, or a product tanker carrying over twice the...

https://www.freightwaves.com/news/in-topsy-turvy-commodity-trades-small-ships-outperform-big-ships

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