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Major dry bulks :

Major dry bulks :. In 2009 trade in major dry bulks increased by 1.6 percent to 2.1 billion tons the main drag on growth in the major dry bulk volumes resulted from severe contraction in the volumes of bauxite and alumina (23.2 percent ) and phosphate rock(38.7%)

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Major dry bulks :

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  1. Major dry bulks: In 2009 trade in major dry bulks increased by 1.6 percent to 2.1 billion tons the main drag on growth in the major dry bulk volumes resulted from severe contraction in the volumes of bauxite and alumina (23.2 percent ) and phosphate rock(38.7%) this drop was more than offset by the growing volumes of two major dry bulks namely iron ore and coal.

  2. Iron ore shipments: • The worlds iron ore shipments were estimated at 907 million tons in 2009, an increase of 8.6 percent over 2008 • Major exporters included Australia , brazil , India, and south Africa. • Together Australia and brazil accounted for about 70% of world iron ore exports • Major iron ore importer is china (68%) • Global iron ore trade volumes are expected to expand by 7.9% in 2010.

  3. Coal shipments: • In 2009, the volume of coal shipments (thermal and coking) totalled 805 million tons, a volume equivalent to the 2008 level (799 million tons). • Thermal coal exports increased by around 2.1 percent and reached 590.0 million tons (73.3 % of world coal shipments). • Shipments of coking coal , which is also used in steel production, fell by 2.7 per cent to 215 million tons. • World coal shipments are forecast to increase in 2010,with thermal coal volumes expected to increase at as lower rate than coking coal.

  4. MAJOR EXORTERS AND IMORTERS OF COAL:

  5. GRAIN SHIPMENTS: • In2009, world grain shipments are estimated to have fallen by 2.2 per cent to 316 million tons, with wheat and coarse grains accounting for about 75.0 % of the shipments. • For the crop year 2009/10, volumes of wheat exports are expected to fall at a faster rate than coarse grains (8.7 % as compared with 1.7 % ). • Wheat exports from the world’s five largest exporters (Argentina, Australia, Canada, the European Union and the United States) are expected to fall by 12.4 %.

  6. Bauxite/alumina and phosphate rock • In 2009, world trade in bauxite and alumina fell sharply, by 23.2 per cent, and totalled 66.0 million tons. • Main importers of bauxite/alumina are Europe , north America and Japan. • Rock phosphate volumes declined sharply, too, from 31 million tons in 2008 to 19 million tons in 2009 – a severe drop of 38.7 per cent. • Phosphate rock volumes are expected to pick up in 2010.

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