Bulk Cargo

Posted in Operations and Supply Chain Terms, Total Reads: 263
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Definition: Bulk Cargo

Bulk Cargo is refers to any large quantities of a commodity cargo that is unpackaged or loose and transported in a large container for shipment. The transportation can be through by Cargo Vessel, Railways, Trailers or Truck depending on destination, quantity and cost involved.


Classification of Bulk Cargo

Types

Examples

Dry Bulk cargo

Cement, Grain, Iron, Fertilizers etc.

Liquid Bulk Cargo

Vegetable Oil, Petroleum, Liquid Nitrogen etc.

 

Cargo Ship Classification according to Deadweight capacity in tons

Type of Vessel

Deadweight capacity in tons(dwt)

Aframax

80,000 and 119,999 dwt

Capesize

over 150,000 dwt

Chinamax

380,000–400,000 dwt

Handymax/ Supramax

less than 60,000 dwt

Handysize

15,000 -35,000 dwt

Malaccamax

3,00,000 dwt

Panamax

65,000-80,000 dwt

Seawaymax

28,500 dwt

Suezmax

1,60,000 dwt

VLCC

1,80,000-3,20,000 dwt

ULCC

over 3,20,000 dwt

 

Bulk Cargo Transportation Cost

The Baltic Exchange provides the cost of trading and settlement of physical and derivative contracts related to shipping and maritime transportation. It provides daily prices and tracks shipping cost through various indices.

 

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