Size matters and scale economies count in every form of shipping Size matters and scale economies count in every form of shipping, and it makes a lot of sense in the dry bulk trades, where enormous quantities of iron ore need to be carried on extended ocean passages from ports near where ore is mined, to those near the steel mills that will use the cargo.Until recently, with the exception of the gigantic Berge Stahl at 364,767 tonnes deadweight the world's biggest dry bulker, which has been shuttling between Brazil and Rotterdam since 1986, most dry bulkers are a good deal smaller. The "Capesize" bulk carriers, which were designed to be too big to transit laden through the Suez Canal (and thus go around the Cape of Good Hope) are around 160,000 tonnes deadweight (meaning that they can carry this tonnage of cargo).The main iron ore ports in the world in Australia, South America, South Africa and Canada are sufficiently deep to enable these Capesized vessels to load, and the terminal equipment is sized for their dimensions. Discharge ports, in Europe, China and Japan are similarly equipped and dimensioned to take ships of around 290 metres in length and 50 ...
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