While cement represents only a small part of the dry bulk shipping market, it has its own requirements in terms of port facilities and market dynamics. With seaborne trade continuing to grow, it is vital that ports understand each market and install facilities that best serve them. By Ricardo González-Haba, GlobBULK Consulting, Spain.
Some 90 per cent of world trade volumes are carried by vessels. The seaborne trade of dry cargoes currently exceeds 7bnta. Out of total global cement production of 4.1bnt, some 188Mt, or less than five per cent, is internationally traded, according to The Global Cement ReportTM, 12th Edition. A similar volume applies to transport via domestic waterways.