growth
in ton–miles performed by maritime transportation
was estimated to have increased by 4.4 per cent, up
from 3.1 per cent in 2013 (see figure 1.5) (Clarksons
Research, 2015b). Dry bulk commodities, namely iron
ore, coal, grain, bauxite and alumina, phosphate rock
and minor bulks accounted for nearly half of the total
52,572 estimated billion ton—miles performed in 2014