Oceanic transport alters dynamics of trade

Rising international trade has increased demand for transport, especially for ocean freight, since 98% of intercontinental trade is transported by sea. Now with increasing fuel prices and high volatilities in freight rates the profitability of food and feed companies might be endangered, according to a report by Rabobank International. This article can also be found at Feed Tech, volume 9, no. 9 Keywords: Raw materials, oceanic transport, vessels, shipping costs, bulk vessels, Panama size