Bulk carriers head into record year for grain and soy product transports to China
The significant grain exports from the US to China last year is expected to continue in 2021, while Brazilian soybean production is set to grow nearly 5 percent this year. Improvements in iron ore and coal exports herald a good year for dry bulk carriers, assesses Arrow Research.
by DAG HOLMSTAD
China looks set to continue an almost insatiable demand for grain and soybeans. And iron ore transports are also doing well, while coal transports are in recovery.
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