HOTTER ON METALS: Breakbulk is back amid shipping’s container shortage
Published: Thursday, 11 February 2021
A shortage of containers to ship commodities around the world and the consequent soaring in associated freight rates have led to a revival of interest in breakbulk cargoes.
Producers and physical traders of metals, agricultural,
chemical and timber products have been starting to book
shipments in breakbulk vessels, which cost far less and do not
require vast amounts of equipment in port.
On the metals front, the main markets making the switch so
far are steel and aluminium,...