iron ore

Friday, January 25, 2013

Bulker Fleet Seen Expanding at Double the Pace of Demand

By Michelle Wiese Bockmann (Bloomberg) — The fleet of ships carrying minerals and grains will expand at double the pace of trade growth for a second year

January 25, 2013
Total Views: 2

Wednesday, January 23, 2013

Capesize Rates Decline as Cyclone Closes Australian Ports

By Rob Sheridan Charter rates for Capesize ships, the biggest iron-ore carriers, fell for a second day as a storm forced ports to close in Australia,

January 23, 2013
Total Views: 3

vale brasil vloc bulk carrier valemax

Nippon Steel Considering Further Valemax Iron Ore Shipments

Jan. 23 (Bloomberg) — Nippon Steel & Sumitomo Metal Corp., Japan’s top steelmaker, will consider using more Valemax carriers to receive ore

January 23, 2013
Total Views: 12

Tuesday, January 22, 2013
vale brasil vloc

Port of Kimitsu Welcomes 400,000 DWT Valemax Ore Carrier

The Port of Kimitsu, Japan, received a Valemax super iron ore carrier for the first time on Saturday, 19 January.  The Vale Brasil, which has a capacity to

January 22, 2013
Total Views: 8

Tuesday, January 15, 2013
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Capesize Rates Advance for 3rd Day in a Row, But Don’t Get too Excited [REPORT]

Jan. 15 (Bloomberg) — Rates for Capesize ships carrying iron ore, which advanced for a third day, may curb gains as accelerating fleet growth this

January 15, 2013
Total Views: 2

Monday, January 7, 2013
cape sampagita

As Iron Ore Prices Approach 15-Month High, Relief for Dry Bulk Shippers Still Unlikely

Rising steel prices and falling stockpiles of iron ore in China may lead to increased imports of the commodity, boosting demand for shipping, according to

January 7, 2013
Total Views: 3

Friday, January 4, 2013
bhp billiton port hedland western australia bulk carrier

Capesize Rates Rise on Speculation of Chinese Iron Ore Stockpiling

Rates to ship iron ore rose the most in almost eight weeks on speculation China’s steel industry is stockpiling the commodity before domestic mines shut

January 4, 2013
Total Views: 1

Thursday, December 27, 2012
bulk carrier iron ore shutterstock

Economists are Bullish on Iron Ore as Chinese Economic Growth Recovers

Iron ore is rallying the most in about two years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating

December 27, 2012
Total Views: 3

Thursday, December 20, 2012
ore fabrica vale vloc brasil

Economy of Scale? Not So Much for Vale SA’s 400,000 DWT Super Ore Carrier

Vale SA, the world’s biggest iron-ore exporter, may have paid about $158 million more for shipping in the past 19 months by using the largest available

December 20, 2012
Total Views: 64

Tuesday, December 18, 2012
capesize iron ore australia geraldton

Loading Iron Ore at Geraldton, Western Australia [IMAGE]

A ship is loaded with iron ore at the port in Geraldton, Western Australia December 3, 2012. A new deepwater port on Australia’s Indian Ocean Coast was

December 18, 2012
Total Views: 21

Friday, December 7, 2012

Vale’s Strategy is About Access to Ships, Not Ownership

LONDON–Brazilian miner Vale SA (VALE) said Thursday the company’s shipping strategy isn’t about owning a fleet of ships but rather making

December 7, 2012
Total Views: 8

Monday, December 3, 2012

Vale: Global Iron Ore Demand “Far From Peaking”

RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in

December 3, 2012
Total Views: 3

Monday, November 12, 2012
STX Pan Ocean Vanguard

The Chinese Ore Rush Is On and Dry Bulk Shippers Like STX Pan Ocean Are Super Stoked to Hear It

(Bloomberg) — China, which imports more iron ore than the rest of the world combined, will buy a record amount this quarter, easing concern about the

November 12, 2012
Total Views: 23

Monday, October 29, 2012
kanaris capesize bulker safe bulkers

DNB Predicts Capesize Rates to Double in 2013

(Bloomberg) — Rates to ship dry-bulk raw materials by sea are recovering after a four-year slump as Chinese demand for iron ore surged to the highest

October 29, 2012
Total Views: 19

Sunday, October 28, 2012
ship cargo bulk carrier port departure

Shipping Ore from Sierra Leone? Watch Out Says the UK P&I Club

(Bloomberg) — Iron-ore exports from Sierra Leone may be unsafe because the moisture content of the steel-making commodity is too high, creating the risk

October 28, 2012
Total Views: 15

Wednesday, October 24, 2012

Shipping Rally Seen Curbed as Owners Compete for Ore

(Bloomberg) — Shipping rates for hauling iron ore, which fell today after more than doubling this month, may extend declines as competition intensifies

October 24, 2012
Total Views: 1

Tuesday, October 16, 2012

Eagle Bulk Gets Pummeled as Indian Iron-Ore Exports Plunge

(Bloomberg) — The biggest slump in Indian iron-ore exports on record is driving rates for ships hauling the cargoes to the lowest since at least 2005,

October 16, 2012
Total Views: 4

Wednesday, October 3, 2012

Norway Port Preparing For Economic Boom, But Not Because of Oil

(Bloomberg) — Three yellow construction cranes tower over heavy machinery and clusters of workers as they bustle in the Norwegian Arctic drizzle to get a

October 3, 2012
Total Views: 26

Friday, August 31, 2012
vale rio de janeiro vloc ore carrier

Vale to Sell 10 Ore Carriers

Vale informed reporters today that it has signed a USD $600 million agreement to sell and further charter 10 large ore carriers with Polaris Shipping Co. Ltd.

August 31, 2012
Total Views: 27

Wednesday, August 22, 2012
iron ore bulk carrier

Iron Ore Trade Set to Pick Up as China Seeks Cheaper Imports

A plunge in iron ore prices and shipping costs means it’s cheaper for Chinese steel mills to buy the material from Brazil more than 8,000 nautical miles

August 22, 2012
Total Views: 8