Port Hedland Iron Ore Exports To China Rise 7 %

Posted by Joseph R. Fonseca
Sunday, May 04, 2014
Australia's Port Hedland

 

Iron ore exports to China from Australia's Port Hedland, which accounts for about a fifth of the globally traded market, rose by almost 7 percent in April, from March when they jumped 27 percent.

Shipments to China amounted to 28.89 million tonnes in April, up from 27.04 million in March, data from the Port Hedland Port Authority showed.

That was almost 50 percent higher than in April last year, a sign of still resilient demand from the Asian giant and of Australia's success in grabbing market share from other producers.

Overall shipments of iron ore from Port Hedland edged up to a fresh record of 34.82 million tonnes, from 34.43 million in March. That compares to 26 million tonnes in April last year.

Shipments to South Korea fell back to 2.62 million tonnes in April, from 4.1 million tonnes the previous month. Shipments to Japan picked up to 2.48 million tonnes, from just over 2 million tonnes in March.

Port Hedland is used by BHP Billiton , Fortescue Metals Group and Atlas Iron to ship iron ore cargoes.

The steel-making mineral is Australia's single biggest export earner.

(Reporting by Wayne Cole; Editing by Richard Pullin)


Ports

APM Terminals to invest $70 mln in Port Elizabeth Terminal

The Port of New York and New Jersey is the largest port on the US East Coast and third largest in the United States with 6.37 million TEU handled in 2015.  In 2014,

Long Beach Port Acquires 125 Acres for Cargo Ops

U.S. Navy, Maritime Administration and California Environmental Protection Agency representatives joined City and Port officials today to commemorate the approval

Hanjin files for Receivership, Ports Turn Away Vessels

Hanjin says asks court for its assets to be frozen; Hyundai Merchant looking to buy Hanjin's "good" assets. South Korea's Hanjin Shipping Co Ltd filed for court

News

DNV GL's New Project on EU LNG Market

Whilst LNG has proven to be a viable option as a bunkering fuel for ships, there are still challenges to the pace of its development and demand for LNG as a fuel.

Japanese Shippers Trim Fleets

The three big Japanese marine transport firms -  Nippon Yusen Kabushiki Kaisha (NYK Lines), Mitsui O.S.K. Lines and Kawasaki Kisen - are decreasing the number

Ship Finance 2016 Q2 Reveue Falls

Ship Finance International Limited earnings missed the Street expectations for the second quarter. Quarterly charter revenues $159m versus $174m in last quarter.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Electronics Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0744 sec (13 req/sec)