Iron Ore news

Reuters has reported how the Baltic Exchange’s main sea freight index recently posted its biggest percentage jump in eight months.

The increase in iron ore arrivals at Chinese ports has followed a 2 week decline.

BHP aims to decide early next year who has won a tender for LNG-fuelled transport to ship up to 27 million t, or about 10% of its iron ore to cut emissions by around a quarter, a Senior Executive said.

One of Transmin’s latest machines to be delivered will be used in an iron ore export stockyard application where it will be fed by giant front-end loaders depositing 50 t bucket loads into the reclaimer hopper, after which it will be transported at 2500 tph onto a stockyard conveyor.

thyssenkrupp Industrial Solutions has developed and built a new materials handling system for an iron ore port in northern Canada.

Two levels of government will participate in equal measure to modernise the Pointe-aux-Basques bulk terminal.

AutoHaul trains have firmly positioned Western Australia and its heavy-haul rail industry as a global leader in the joint development and application of rail technology.

The agreement on the unification of the terminals aims to provide extensive storage and transport capacity for key commodities, including iron ore, grain and fertilizers.

The crane purchase is part of the previously announced £65 million investment, committed by ABP to the terminal and site facilities.

2019 has been characterised so far by a stream of negative news concerning dry bulk demand, notably in the iron ore markets. Will Tooth, Analyst at Maritime Strategies International, uncovers some pockets of positivity.