Wood trade grew 7 percent in 1st half of the year
The global wood trade grew seven percent in the first half of the year. J. Lauritzen confirms this development, though it has yet to be reflected in the business, Head of Dry Bulk Peter Borup tells ShippingWatch.
BY KATRINE GRØNVALD RAUN
The wood trade is growing, according to a new analysis by Wood Resource Quarterly (WRQ). According to the analysis, the global trade grew seven percent compared to the same period last year. Wood shipments are now occurring at the highest rate since 2006, 36 percent higher than five years ago, when the market collapsed, according to WRQ.
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