Dry bulk trades comprise iron ore, coal, grain, timber, steel and other similar cargoes which are shipped in bulk as opposed to carried in containers or other unit loads. Delivering these commodities every day requires an efficient dry cargo shipping industry - without which, world trade as we know it would cease.
Dry bulk shipping refers to the movement of significant commodities carried in bulk : - the so-called major bulks, together with ships carrying steel products (coils, plates and rods), lumber or log carriers and other commodities classified as the minor bulks.
The importance of the dry bulk industry is that without the estimated 500 million deadweight tonnes of dry bulk shipping, global trade, industry and ultimately our current lifestyles, could not be maintained.
The international steel industry - for example, could not function without an efficient and cost effective maritime industry transporting the raw materials - coal and iron ore, as well as the means to ship the finished product around the world.
Looking around the average home, the unseen links with the dry cargo industry are all around. Toasting a piece of bread involves metal components in the toaster - manufactured processes using ores and alumina, grain used in the bread and coal-generated electricity providing the power.