Wednesday, September 22, 2021
Naval Foundry and Propeller Center Makes History

Bulk Iron Ore Prices Storm Past $100

A tight supply and strong demand for steel in China have led to capesize bulker spot rates rising, but increasingly high shipping and iron-ore costs may choke demand. By Krystal Chia...

September 22, 2021
Total Views: 9587

Friday, November 13, 2020
bulk ship
Maritime News

Vale and Chinese Port Sign $651 Million Deal for Iron Ore Storage

BEIJING, Nov 13 (Reuters) – Brazil’s Vale and China’s Ningbo Zhoushan Port have signed a deal to invest around 4.3 billion yuan ($650.6 million) in iron ore storage and processing...

November 13, 2020
Total Views: 490

Wednesday, October 30, 2019
port hedland
Maritime News

Record Iron Ore Cargoes Forecast From Australia’s Port Hedland

By Krystal Chia and Shery Ahn (Bloomberg) –Iron ore exports from Australia’s Port Hedland, the largest bulk-export terminal, are expected to hit a record as producers in the nation’s mining...

October 30, 2019
Total Views: 14

Friday, April 19, 2019
bulk carrier
Maritime News

Congo Republic Ships First Iron Ore from Upgraded Port

BRAZZAVILLE, April 19 (Reuters) – Congo Republic shipped its first iron ore exports on Friday from a rehabilitated deep-water port that will be used by Congolese billionaire Paul Obambi’s Sapro...

April 19, 2019
Total Views: 71

Tuesday, April 16, 2019
iron ore loading
Maritime News

Rio Tinto Cuts Iron Ore Guidance After Cyclone Hits Shipments

April 16 (Reuters) – Anglo-Australian miner Rio Tinto Ltd on Tuesday reported a 14 percent drop in quarterly iron ore shipments and cut its 2019 shipments estimate on disruption caused...

April 16, 2019
Total Views: 4

Wednesday, April 3, 2019
port hedland
Maritime News

World’s Largest Iron Ore Port Expects Higher Exports Post Vale

By Krystal Chia (Bloomberg) — With a market facing a global deficit that was unforeseen at the start of the year, the world’s biggest iron ore export port is flagging a timely...

April 3, 2019
Total Views: 252

dry bulk ship, bulker
Maritime News

Iron Ore Thunders Higher as Mine Dams Closed, Exports Collapse

By Krystal Chia (Bloomberg) — Iron ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the crisis at Brazil’s Vale SA will...

April 3, 2019
Total Views: 39

Friday, February 1, 2019
dry bulk ship, bulker
Maritime News

Dozens of Bulk Vessels Stuck Off China Ports Amid Customs Delays -Data, Sources

By Henning Gloystein and Muyu Xu SINGAPORE/BEIJING, Feb 1 (Reuters) – Dozens of ships carrying coal and iron ore to China are stuck outside ports waiting to unload, according to...

February 1, 2019
Total Views: 38

Wednesday, January 30, 2019
iron ore ship
Maritime News

Iron Ore Rockets as Vale’s Supply Disruption Convulses Market

By Krystal Chia (Bloomberg) — The global iron ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined plans to cut output after a deadly...

January 30, 2019
Total Views: 6

Wednesday, April 19, 2017
ore fabrica vale vloc brasil

Capesizes Sent Packing After Accident at Brazil Iron Ore Terminal

By Alberto Alerigi and Gustavo Bonato SAO PAULO, April 19 (Reuters) – The loading of iron ore at Brazil’s Itaguaí terminal operated by mining and steel firm Companhia Siderúrgica Nacional...

April 19, 2017
Total Views: 3

Monday, March 6, 2017

270,006 Tonnes: Largest Iron Ore Cargo Departs Port Hedland

The largest single cargo of iron ore ever shipped from Western Australia’s Port Hedland set sail last week aboard the 300,000 dwt Very Large Ore Carrier HL Tubarao. The Fortescue...

March 6, 2017
Total Views: 205

Wednesday, January 25, 2017
port hedland
Maritime News

Joint Industry Project to Develop LNG-Fueled Capesize Bulk Carrier for Australia-China Trade

New regulations on limiting sulphur and nitrogen oxides emissions and a burgeoning global infrastructure are adding to the growing momentum for the widespread adoption of LNG as a marine fuel....

January 25, 2017
Total Views: 28

Monday, January 16, 2017
Maritime News

Ship Photos of the Day – Vale Ships First Iron Ore from Giant S11D Mine

Brazilian mining giant Vale has shipped the first cargo of iron ore from the company’s giant new mine in the Amazon known as S11D. The company said that three ships were...

January 16, 2017
Total Views: 126

Monday, May 30, 2016
port hedland

Fortescue Named Second Tug Operator at Port Hedland

SYDNEY, May 30 (Reuters) – Australia’s Fortescue Metals Group Ltd has won a tender to become the second provider of marine towage services at the port of Port Hedland, the...

May 30, 2016
Total Views: 21

Friday, April 1, 2016

COSCO Shipping Orders 10 Very Large Ore Carriers

SHANGHAI, April 1 (Reuters) – China COSCO Shipping Corp has placed an order for 10 very large ore carriers (VLOC) from China State Shipbuilding Corp (CSSC), the official Xinhua news...

April 1, 2016
Total Views: 33

Friday, March 18, 2016

China COSCO Shipping, Vale Sign 27-Year Iron Ore Transport Deal

SHANGHAI, March 18 (Reuters) – China COSCO Shipping Corporation and Vale have signed a 27-year-long agreement that will see the Chinese shipping giant carry 16 million tonnes of iron ore...

March 18, 2016
Total Views: 30

Monday, February 22, 2016
dry bulk ship, bulker
Maritime News

Shipping and Steel are in a Dangerous Deflationary Dance -View

By Chris Bryant (Bloomberg) — The global steel and shipping industries have for years been locked in a tight embrace. Iron ore and coal, key raw materials for making steel,...

February 22, 2016
Total Views: 48

Wednesday, January 6, 2016
Maritime News

Iron Ore Exports From Australia’s Biggest Port Climb

By Jasmine Ng (Bloomberg) — Iron ore cargoes from Australia’s Port Hedland climbed last month to cap a record year as billionaire Gina Rinehart’s Roy Hill project began overseas sales,...

January 6, 2016
Total Views: 0

Friday, December 4, 2015
Maritime News

Vale to Sell 11 Giant Valemax Carriers

LONDON, Dec 4 (Reuters) – Brazil’s Vale SA said on Friday that it plans to sell its 11 remaining Valemax iron ore carriers and lease them back in transactions that...

December 4, 2015
Total Views: 47

Monday, November 30, 2015

Iron Ore Breaches $40 in Singapore as Rising Supply to Feed Glut

By Jasmine Ng (Bloomberg) — Most-active iron ore futures in Singapore sank below $40 a metric ton for the first time on concern that the economic slowdown in China will...

November 30, 2015
Total Views: 0