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)

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

New Intermodal Rail Service from PortMiami

Florida East Coast Railway (FECR) and PortMiami, through a strategic alliance, are offering the Sunshine Gateway service, which includes on-dock intermodal rail capabilities.

Singapore’s MPA Discuss LNG Bunkering

The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority, Port of Rotterdam and Port of Zeebrugge participated in a Liquefied Natural Gas (LNG)

Long Beach Port Honors OOCL Executive

Andrew Tung, CEO and Managing Director of Orient Overseas Container Line, was presented today with the prestigious “Port Pilot Award” by the Long Beach Board of Harbor Commissioners.

News

New Intermodal Rail Service from PortMiami

Florida East Coast Railway (FECR) and PortMiami, through a strategic alliance, are offering the Sunshine Gateway service, which includes on-dock intermodal rail capabilities.

B COOL Acquires MEMAC

With the acquisition of MEMAC, B COOL A/S now offers customers one entry to multiple maritime systems – both refrigeration solutions and monitoring of the engine

USCG Reopens Port Allen Post Hurricane Ana

The Coast Guard Captain of the Port reopened Port Allen in Kauai Monday morning after surveying crews deemed it  safe for transit. The maritime public is advised

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2157 sec (5 req/sec)