Shipping Economics, seaborne trade

Order Description Choose one bulk commodity, liquid or dry, and discuss its international seaborne trade implications. Using appropriate resources and databases (e.g. Clarksons Shipping Intelligence Network) consider supply and demand developments in the past and the current opportunities and the future developments in relation to this trade for the shipping industry. Research questions; your argument should focus on the following: 1. What are the past, current and future developments in international trade patterns for (your choice of commodity)?2. What are the challenges, opportunities and threats for shipping (your choice of commodity)? 3. Use a choice of a vessel type and size that operates on a specific route to discuss the macroeconomic and microeconomic implications of transporting (your choice of commodity).