According to Reuters, iron ore shipments from Australia’s port of Hedland terminal to China, experienced an increase by 14% in December from the previous month as shown by the port’s data.
Mainly, the Port of Port Hedland is the world’s largest bulk export port and is located in the East Pilbara region of WA, about 1,650 kilometres north of Perth. Trade through the port mostly consists of iron ore exports.
Moreover, iron ore shipments to China from the world’s biggest iron ore port reached an overall of 37.4 million tonnes in December. On the contrary, iron ore shipments in November reached a total of 32.9 million tonnes, according to the Pilbara Ports Authority.
Port Hedland is used by three of Australia’s top four iron ore miners, BHP Billiton, Fortescue Metals Group and Gina Rinehart’s Hancock Prospecting.
Concluding, the China and Australian shipping route that was established on 2016 by Great Southern Shipping Australia and Rizhao Port group of China aimed at a new container shipping line plying a triangular weekly route from Rizhao, on China’s central east coast, to Brisbane, Sydney, Bell Bay, Melbourne, Fremantle and return.