Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
FreightWaves

In Topsy-Turvy Commodity Trades, Small Ships Outperform Big Ships

You pay more to get more. Renting a four-bedroom townhouse is far more expensive than renting a studio apartment. The nightly rate for a penthouse suite is much higher than for a standard room.

So, in ocean shipping, you might expect booking a load of coal on a mammoth dry cargo vessel would cost a lot more than on a bulker carrying less than a third the volume. Or that a spot voyage deal for a supertanker carrying over twice the volume of crude oil, or a product tanker carrying over twice the gasoline, would be way more expensive than on a smaller ship.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.