Grade 11 – Maritime Economics

October 28, 2016

Coal

Coal Trades – Steam coal is used for powerstations, while higher quality coal is used mainly in the steel industry. An annual increase in demand for steam coal occurs from September to February to meet the need for greater electricity generation during the northern hemisphere’s cold and dark winter months. This […]
October 28, 2016

Grain

Grain Trades – Whenever a drought occurs, additional grain needs to be imported. The drought in South Africa during the 2015-2016 summer grain growing season resulted in the country needing about 4 million tons of additional grain, most of which was imported from Argentina. This swelled the demand for handysize bulkers […]
October 28, 2016

Oil

October 28, 2016

Containers