Posts by Diana Donovan
High Seas Impact

Utilising some 51,600 vessels the Maritime Transport Industry (MTI) is responsible for the distribution of some 11 billion tonnes of cargo a year, equivalent to 90% of world trade. Approximately 30% comprises tanker trade (e.g. crude oil, gas, chemicals etc.), another 30% comprises main bulk (e.g. iron ore, grain, coal, phosphate etc.) and the remaining 40 per cent comprises other dry cargo (e.g. containers etc.). It’s fair to say the Maritime Transport Industry sector fuels world economic growth.

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Diana Donovan