Subscribe to our Mailing Lists (It's free!)
Tuesday, July 15, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    2024 IMO Bravery Awards honor tanker and tugboat crews for heroic acts

    Officer to receive IMO bravery award for saving 12 crew members

    Panama

    BMA: Sanctions imposed against Russia

    Work,Safety,Concept.,Wooden,Cube,Blocks,With,Icon,Of,Safety

    DNV: Key IMO safety developments

    seafarers

    Philippines DMW issues call to protect seafarers from warlike areas

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    friendship

    Exploring the human need for friendship: A lifeline at sea and on shore

    neck pain

    Neck pain: A growing health concern for maritime workers

    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    ammonia bunkering vessel

    Company orders ammonia bunkering vessel for use in Singapore

    WSC

    WSC proposes alignment of EU ETS with IMO Net Zero Framework

    IMO Council World Maritime Day

    IMO: World Maritime Day two-year theme to take policy to practice

    BIMCO FuelEU Maritime Regulation

    EU issues low-carbon hydrogen fuel standards

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    vr training

    Companies team up for virtual reality training to better prepare crew

    digital tools onboard

    Company signs for AI autonomous navigation system for PCTC fleet

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    floating data centres

    New partnership to develop floating data center on retrofitted vessel

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    AMSA fine

    NorthStandard: Tips to avoid pollution fines in Turkey

    OCIMF

    OCIMF Annual Report 2025: SIRE 2.0 a welcome change for the industry

    USCG

    ABS PSC Report Q1 2025: 526 total vessels detained

    paris mou lists

    Paris MoU 2024 Performance lists

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    China

    China lays out vision for smarter and greener shipping

    Sanctions Russia

    EU plans to impose new Russian oil price cap

    EU US

    US plans to hit EU and Mexico with 30% tariff starting August

    Dr. Rosalie Balkin

    Dr. Rosalie Balkin to receive IMO International Maritime Prize

  • Columns
    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    NorthStandard: Data sharing to drive technology and improve crew wellbeing

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    2024 IMO Bravery Awards honor tanker and tugboat crews for heroic acts

    Officer to receive IMO bravery award for saving 12 crew members

    Panama

    BMA: Sanctions imposed against Russia

    Work,Safety,Concept.,Wooden,Cube,Blocks,With,Icon,Of,Safety

    DNV: Key IMO safety developments

    seafarers

    Philippines DMW issues call to protect seafarers from warlike areas

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    friendship

    Exploring the human need for friendship: A lifeline at sea and on shore

    neck pain

    Neck pain: A growing health concern for maritime workers

    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    ammonia bunkering vessel

    Company orders ammonia bunkering vessel for use in Singapore

    WSC

    WSC proposes alignment of EU ETS with IMO Net Zero Framework

    IMO Council World Maritime Day

    IMO: World Maritime Day two-year theme to take policy to practice

    BIMCO FuelEU Maritime Regulation

    EU issues low-carbon hydrogen fuel standards

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    vr training

    Companies team up for virtual reality training to better prepare crew

    digital tools onboard

    Company signs for AI autonomous navigation system for PCTC fleet

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    floating data centres

    New partnership to develop floating data center on retrofitted vessel

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    AMSA fine

    NorthStandard: Tips to avoid pollution fines in Turkey

    OCIMF

    OCIMF Annual Report 2025: SIRE 2.0 a welcome change for the industry

    USCG

    ABS PSC Report Q1 2025: 526 total vessels detained

    paris mou lists

    Paris MoU 2024 Performance lists

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    China

    China lays out vision for smarter and greener shipping

    Sanctions Russia

    EU plans to impose new Russian oil price cap

    EU US

    US plans to hit EU and Mexico with 30% tariff starting August

    Dr. Rosalie Balkin

    Dr. Rosalie Balkin to receive IMO International Maritime Prize

  • Columns
    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    NorthStandard: Data sharing to drive technology and improve crew wellbeing

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

Chinese iron ore is close to the end, Bimco says

by The Editorial Team
April 17, 2019
in Shipping
china shipowners association ics
FacebookTwitterEmailLinkedin

BIMCO’s Chief Shipping Analyst, Peter Sand, launched the analysis ‘It’s the steel production, stupid!’, announcing the end of China iron ore cape run. The analysis focuses on the fact that Chinese imports of iron ore are continuously decreasing, whereas the nation’s crude steel production keeps growing.

Specifically, Peter Sand noted that

China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry.

Additionally, the Chinese steel production increased by 12.6 million tonnes the first two months of 2019, as estimated by China Iron and Steel Association (CISA).

During the same period, Chinese imports of the paramount steel production ingredient, iron ore, fell by 5.6%, or 10.3 million tonnes. All numbers compared to the same period of 2018.

RelatedNews

China lays out vision for smarter and greener shipping

BIMCO: Renewable electricity sources lower coal shipments

Chinese iron ore is close to the end, Bimco says
Credit: BIMCO

For two decades the dry bulk shipping industry have relied on growth in Chinese steel production to continuously spur seaborne imports of high-quality iron ore – from Australia and Brazil. That trend has now vanished and the Capesize ships operating on the spot market feel the pain. Growth in volumes are gone and iron ore is increasingly being shipped on long term contracts.

… says Peter Sand, BIMCO’s Chief Shipping Analyst.

Moreover, the decrease in the Chinese steel-making industry, are heading towards an increased use of scrap metal.

China’s seaborne imports of coking coal fell by 11.2% in 2018, with the slide continuing into 2019. In the meantime, the Chinese coking coal imports decreased by 16% in Jan-Feb 2019 from the same period in 2018.

This year, BIMCO is putting special focus on this decoupling between steel production and iron ore imports, as the mega driver for capesize transportation demand may not only disappoint, but worsen its fate.

… Sand warned.

Also, although India has now surpassed Japan as the world’s second largest steel producer, it produced only 12% of what China produced from January to February 2019. Indian crude steel production grew by only 22,000 tonnes in January – February 2019, according to the World Steel Association.

In 2018, China produced 52% of all crude steel.

 

Chinese iron ore is close to the end, Bimco saysChinese iron ore is close to the end, Bimco says
Chinese iron ore is close to the end, Bimco saysChinese iron ore is close to the end, Bimco says
Tags: BIMCOChinairon ore
Previous Post

Port of Riga, Port of Qingdao sign partnership agreement

Next Post

Pirates board tanker in Nigeria and open fire

SUGGESTED FOR YOU

China
Green Shipping

China reports rapid growth in LNG and electric inland fleet

July 8, 2025
US China
Shipping

China redirects exports through Southeast Asia to bypass tariffs

July 8, 2025
tariffs
Shipping

US to raise tariffs on August amid push for new trade deals

July 7, 2025
grain
Shipping

BIMCO: US grain shipment on the rise despite tariffs

July 2, 2025
china
Loss Prevention

Key measures for discharge compliance in China’s Coastal Waters

July 1, 2025
electrification
Green Shipping

Chinese players team up on electric containership for training

July 1, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA