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Iron ore shipments up 3.8% despite weak Chinese demand

23 April 2024

In the first quarter of 2024, global iron ore shipments rose 3.8% y/y on expectation of strong Chinese steel production which, however, failed to materialise. Iron ore supply has grown faster than Chinese demand which could lead to weaker shipments ahead.

Dangers associated with the carriage of nickel ore

18 April 2023

Nickel ore is one of the most problematic cargoes to be carried in solid bulk form. This article provides information on why it is so and how it can be shipped safely with some precautions to be taken into consideration.

Fresh stimulus could boost Chinese iron ore imports, down 3.3% YTD

01 September 2022

Preliminary shipping data from Oceanbolt shows a 1.7% y/y drop in Chinese iron ore import volumes in August. The volumes are, however, the highest since January and follow a 3.1% y/y increase in July. Year-to-date, Chinese iron ore imports are down 3.3% y/y, making up around 20% of global dry bulk volumes, but could be in for a bounce, benefitting the struggling Capesize segments.