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China’s continued hunger for iron ore for its steel-making industry, alongside coal imports, is expected to become stronger in 2013.
Nickel ore is one of the most problematic cargoes to be carried in solid bulk form. This article provides information on why it is so and how it can be shipped safely with some precautions to be taken into consideration.
In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53.0m tonnes, driven by China.
BIMCO alert members about liquefaction concerns seen with loading of iron ore fines in Sierra Leone.
BIMCO reminds members of the dangers of loading nickel ore cargoes from Philippines and Indonesia.
China's import of iron ore will continue to be a key driver for the demand growth in 2017 for the dry bulk shipping industry, alongside shipping of grains.
The increases in Brazilian iron ore exports open up great prospects for dry bulk shipping, in particular the Capesize segment.
Chinese iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020.
Preliminary shipping data from Oceanbolt shows a 1.7% y/y drop in Chinese iron ore import volumes in August. The volumes are, however, the highest since January and follow a 3.1% y/y increase in July. Year-to-date, Chinese iron ore imports are down 3.3% y/y, making up around 20% of global dry bulk volumes, but could be in for a bounce, benefitting the struggling Capesize segments.
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