Vietnam has seen a near four-fold increase in grain imports over the last decade in a trend likely to continue and provide a further boost bulker tonne-mile demand.
Combined wheat, major coarse grains and soyabeans and meal shipments have gone from 4.7m tonnes in the 2009/2010 market year to a high of just under 18m tonnes in 2019/2020, according to the US Department of Agriculture (USDA).