Vega Shipping is one of the specialised full-service ship consultancy firm. We add value by providing complete solution for dry bulk shipments.
Vega Shipping is one of the specialised full-service ship consultancy firm. We add value by providing complete solution for dry bulk shipments.
We do sale and purchase of vessels for only exclusive clients.
Research is a process of systematic inquiry that entails collection of data; documentation of critical information; and analysis and interpretation of that data/information, in accordance with our own methodologies set by our specific professionals. We do provide research services to our clients on special request.
Dry bulk shipping refers to the movement of significant commodities carried in bulk: – the so-called major bulks (such as iron ore, coal, grain), together with ships carrying steel products (coils, plates and rods), lumber or log and other commodities classified as the minor bulks. Other cargo ships include OBO’s (ore/bulk/ ore carriers or Combination Carriers), which are vessels able to trade alternatively dry and wet cargoes.
The importance of the dry cargo industry is crucial. Without it, global trade and industry could not exist. The international steel industry, for example, could not function without an efficient and cost effective maritime industry transporting the raw materials – coal and iron ore, as well as the means to ship the finished product around the world. At average home, the unseen links with the dry cargo industry are clearly noticed. Toasting a piece of bread involves metal components in the toaster – manufacturing processes using ores and aluminum, grain used in the bread and coal-generated electricity providing the power.
A bulk carrier, bulker is a merchant ship specially designed to transport unpackaged bulk cargo, such as grains, coal, ore, steel coils and cement, in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have led to continued development of these ships, resulting in increased size and sophistication. Today's bulk carriers are specially designed to maximize capacity, safety, efficiency, and durability. Today, bulk carriers make up 21% of the world's merchant fleets[2] and range in size from single-hold mini-bulk carriers to mammoth ore ships able to carry 400,000 metric tons of deadweight (DWT).
With more than 90% of global trade carried by sea, shipping and maritime trade is at the centre of today’s economy.