Dry bulk

Japanese shipyards received just two orders to new dry bulk carriers in October, compared to 27 the year before.

Fortescue has secured a US$473 million funding agreement from CDB Leasing for its very large ore carriers.

UWL LLC continues to grow its portfolio following coordinating their customs brokerage services with World Shipping Inc.

Earnings from Australia’s bulk commodity exports are expected to grow by 12% in FY17 to AUS176 billion.

Viterra, a subsidiary of commodities trading giant, Glencore, has reduced rates on its Export Select supply-chain service for the 2016/17 harvest.

Rio Tinto agrees Heads of Agreement to sell its stake in the Simandou iron ore project in Guinea to Chinalco.

Global demolition activity rose in the first nine months of 2016 by 16% (compared the same period in 2015).

Speakers at Coaltrans World Coal Leaders Network highlighted the growing demand in Turkey and Egypt for imported solid fuels, as the countries look to shed their traditional reliance on natural gas.

Prices for soft commodities will continue to grow – albeit slowly – despite a sharp slowdown in China’s economic growth in 2018.

A sharp slowdown in Chinese economic growth in 2018 will hit prices for base metals, according to a new forecast from the Economic Intelligence Unit.

Chinese bauxite imports fell by a third in September to 4.5 million t, according to Simpson Spence Young.

EUROFOR has called for stronger anti-dumping duties on steel exports to the EU.

Australian iron ore major, Fortescue, reported record iron ore shipments of 43.8 million t in 3Q16.

Anglo American reports increases in iron ore production in its Production Report for the third quarter ended 30 September 2016.

South32 3Q16 alumina production was level with the previous quarter, according to its latest quarterly report, but down 5% on 3Q15.