
dry bulk
Dry bulk refers to the transportation of large quantities of unpackaged goods that are shipped in bulk carriers, such as ships or vessels. These goods include commodities like coal, iron ore, grains, and cement. Instead of packaging, they are loaded directly into the ship's holds, making transportation more cost-effective for heavy, bulk items. The dry bulk shipping industry plays a crucial role in global trade by moving raw materials from resource-rich regions to manufacturing and consumption centers worldwide. It’s influenced by factors like global demand, commodity prices, and economic cycles.