Tag: iron ore

The Pilbara Ports Authority will cooperate with Jan De Nul Group to dredge the channel and further improve the safe and sustainable access to the Port of Port Hedland. The project is part of the Channel Risk and Optimisation Project that aims to sustain the long-operation, development, and future growth of the port.

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. 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.

China’s iron ore imports decreased for a second month in November, driven mainly by reduced restocking demand at steel mills due to narrow profit margins. Namely, China imported 86.25 million tonnes of iron, which is a decrease of 2.4% from October.

According to BIMCO, the dry bulk shipping industry is still on the road to recovery, as demand continues to be more that the fleet growth. In the mean time, scrapping and ordering remain low. The improved situation during 2017 is seen in the freight rate levels during the first four months of 2018.

The general cargo ship 'YU TONG 1' sank in the early hours of Sunday, while underway some 3 nautical miles off Guandong Province, China, southern Taiwan Strait, amid inclement weather conditions.

In a bid to tackle pollution, China is considering cutting steel production by 50%. However, Drewry shipping consultancy estimates that if this initiative goes ahead, it will affect significantly the dry bulk market.

The West of England P&I Club informs that India has now approved eDOT Marine Laboratories to use the modified Proctor / Fagerberg test for iron ore fines. A table include the newly revised list of DGS approved laboratories has been released. The table also includes the validity of their approval, and the test methods which they are authorized to use.

ClassNK has issued Technical Information TEC-0987 to inform about the carriage and testing of IRON ORE FINES on cargo ships flying Antigua and Barbuda Flag.

IMSBC Code Group A - Nickel Ore - Iron Ore Fines - Bauxite Cargo liquefaction may result in cargo shift and loss of stability; this has been the cause of a number of serious casualties during the last years and now liquefaction is being considered as a major hazard for bulk carriers.Liquefaction occurs when a cargo (which may not appear visibly wet) has a level of moisture in between particles. During a voyage, the ship movement may cause the cargo to liquefy and become viscous and fluid, which can lead to cargo flowing with the roll of the ship and potentially causing a dangerous list and sudden capsize of the vessel. Special consideration and precautions should be taken when loading a cargo which may liquefy.DNV GL has recenlty published an informative guideline for the design and operation of vessels with bulk cargo that may liquefy. The main risk for a vessel carrying cargo that may liquefy is shifting of the cargo.The following cargoes are subject to liquefaction:1. IMSBC Code Group AIn the IMSBC Code, the cargoes have been divided into three groups. Group A consists of cargoes that may liquefy. Group B are cargoes with a chemical hazard. Group C ...

According to BIMCO, China's steel exports are not enough to support the freight market as you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will support the dry bulk freight market.