Bauxite to drive dry bulk carrier demand in coming years
Even though the quantity of bauxite traded is a fraction of the total traded commodities Shi.E.L.D. Services expects bauxite to contribute significantly to tonne-miles especially on certain routes, such as West Africa–China
Despite the pandemic the bauxite trade on the Guinea to China route has been strong this year, transhipment logistics provider Shi.E.L.D. Services said adding that it expects the trade to increase further not only in 2021 but also in the following years