Thursday, November 30, 2017

A sign of the huge trade imbalance for global commodities: 45% of ships travel empty - Quartz


Quartz

A sign of the huge trade imbalance for global commodities: 45% of ships travel empty
Quartz
Imagine a ship carrying commodities from Australia to China, and another carrying the same, but in the opposite direction. Both routes are equal in distance. Yet that first journey, from Australia to China, costs 33% more, on average, than the return ...



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