Roy Hill News

Iron ore shipments to China from Australia's Port Hedland rose by 16% in December from a month earlier, despite a short weather-related shutdown, the Pilbara Ports Authority said on Friday. Iron ore exports to China rose to 40.0 million tonnes from 34.44 million tonnes in November, data from the authority showed. Total iron ore exports from Port Hedland rose to 46.5 million tonnes from 41.61 million tonnes in November. Strong shipments from the world's largest iron ore export…

Australia's shipments of iron ore to China from the world's top export hub of Port Hedland jumped to 38.7 mln tonnes in April, data from the port authority showed on Friday.Shipments were up by 10.6% from a year earlier, although they shrank by 4.2% from March's figure of 40.43 million tonnes, the data showed.

Iron ore shipments to China from Australia's Port Hedland terminal, the world's biggest iron ore port, fell more than 5% in September from a month earlier, port data showed on Tuesday.Shipments to China totalled 36.05 million tonnes in September, down from 38.14 million tonnes in August, the Pilbara Ports Authority said.Overall iron ore shipments totalled 41.97 million tonnes in September, down more 7% from 45.43 million tonnes in August.Port Hedland is used by three of Australia's top four iron ore miners: BHP Group, Fortescue Metals Group and Gina Rinehart's Roy Hill.Reporting by Colin Packh

Freight rates for large dry cargo ships on key Asian routes, which hit three-year highs this week, are likely to rise further on a shortage of ships available for immediate charter, brokers said. Rates for 180,000 deadweight tonne (DWT) capesize ships are set to break $10 a tonne from Australia to China in the next few days, while rates could also surpass $20 a tonne from Brazil to China. "There are more chances of rates breaking $10 than $20 because the Australian market is more active among miners and vessel operators," a Singapore-based capesize broker said on Thursday.

The Q4 bounce – a seasonal staple of the dry bulk markets – looks likely for Capesize and Panamax segments, but the effects may be limited. Independent research and consultancy firm Maritime Strategies International (MSI) is forecasting a fourth quarter bounce in dry bulk market earnings, driven by improving iron ore, coal and grain trades. In its latest Dry Bulk Freight Forecaster, MSI sees positive signs beyond the traditional summer lull in chartering activity for both the Capesize and Panamax sectors.

Record iron ore shipments to China moved through Australia's Port Hedland terminal in June, as major producers BHP Billiton and Fortescue Metals operated close to full capacity and inventories at Chinese ports swelled. Most of the ore both companies mine is sent to China, where higher-grade imports are displacing lower quality domestic ore in Chinese steel mills. Shipments to China from the Indian Ocean port increased to 34.5 million tonnes in June from 31.7 million tonnes in May, topping the previous record of 33.9 million tonnes in March, according to the Pilbara Ports Authority.

If the price of the product your company produced had just experienced a 20 percent price surge in one day, its biggest jump ever, it would be reasonable for you to be overjoyed. But maybe not if you are an iron ore miner. This month's leap in Asian spot iron ore prices coincided with the annual Global Iron Ore and Steel Forecast conference in Perth, capital of Western Australia state and home to the iron ore operations of three of the world's four biggest producers. Spot iron ore soared to $62.60 a tonne on March 7 from a prior close of $52.40, a record in percentage terms and the biggest dollar move in four years. The problem for the insiders at the Perth conference is that as much as they would like to believe the move is sustainable, nobody really does.

The Cavotec engineering group has won orders worth EUR 7.2 million for several of its Ports & Maritime technologies, including Alternative Maritime Power (AMP) systems, marine propulsion slipring systems, cable reels and high voltage cables for customers in the US, China, Australia, South Korea, and Japan. Cavotec has received two substantial orders from the Dalian Huarui conglomerate for a bulk handling application in Australia. The scope of these projects includes the manufacture and supply of cable reels, hose reels and hoses for five stacker/reclaimer machines and one ship loader, as well as high voltage power cables. This equipment will be used to process iron ore from the Roy Hill mine in the Pilbara region of Western Australia.