China’s August iron ore imports gain 8 pct from July on demand

China, the world’s biggest buyer of iron ore, boosted purchases 8.3 percent in August to the highest in five months as demand and prices rose. Imports totaled 59.09 million metric tons last month, up from 54.55 million tons in July and the most since

Hellenic Shipping News Worldwide | September 11, 2011 | 9:16 pm

Indonesia govt says no low-rank coal export ban soon

Indonesian government officials on Friday denied market talk that the country will soon impose an export ban on all low calorie coal exports from 2014.

Hellenic Shipping News Worldwide | September 11, 2011 | 9:16 pm

Stable coal supply remains top priority in China

According to recent statistics from China National Coal Association, in the first half of this year, national coal output reached 1.77 billion tons, an increase of 12.7 percent compared with the same period in the previous year; the sale volume of coal

Hellenic Shipping News Worldwide | September 11, 2011 | 9:16 pm

Fighting breaking out in the bulk freight market as ore shipping gets dirty

When there is big money to be made, the opium trade, the Gold Rush, Kuwaiti oil, there inevitably follows a degree of dirty tricks or even war and the development of the new BRIC economies is showing the signs that some of the major factions are prepared

Hellenic Shipping News Worldwide | September 11, 2011 | 9:08 pm

China steel products output up 13 pct on yr – stats bureau

China, the world's top steel-producing country, produced a total of 77 million tonnes of finished steel products in August, up 12.9 percent from a year earlier, data from the National Bureau of Statistics showed on Friday.China produced 75.7 million

Hellenic Shipping News Worldwide | September 10, 2011 | 10:20 pm

Mozambique: the birth of a new coal exporter

The African continent has historically meant just one thing to the global coal mining industry: South Africa. However, a new coal power is emerging in the form of Mozambique.

Hellenic Shipping News Worldwide | September 4, 2011 | 9:05 pm

India gross imports of all commodities up by 32% over 2010

Asia’s third largest economy, India’s gross imports of all commodities in April-May, 2011, stood at Rs 3,29,376.66 crore, an increase of 31.93% from Rs 2,49,652.61 crore in April-May, 2010.

Hellenic Shipping News Worldwide | August 29, 2011 | 10:45 pm

China to import about 66% of Australian ore, Tracking Data Show

China will import about 66% of the iron ore loaded in the week ended Aug. 25 at Australia’s two largest export facilities, according to ship-tracking data compiled by Bloomberg.

Hellenic Shipping News Worldwide | August 29, 2011 | 10:45 pm

BHP Billiton could take on deepwater rigs from BP

BHP Billiton could take over running deepwater US Gulf of Mexico operations it shares with British oil giant BP.

Hellenic Shipping News Worldwide | August 26, 2011 | 2:12 pm

European steel producers continue to face tough times

European producers will continue to face tough times ahead in 2011 on falling sales figurres for both long and flat steel products in 2011, according to UK consultancy MEPS.

Hellenic Shipping News Worldwide | August 25, 2011 | 2:53 pm

African Minerals increases capacity of Tonkolili iron ore project

London-listed Africa-focused mining giant African Minerals Ltd has announced that the operating capacity of Tonkolili iron ore mine in Sierra Leone has increased from 12 million mt per year to 15 million mt per year.

Hellenic Shipping News Worldwide | August 23, 2011 | 3:13 pm

Push for Gulf iron ore mine gathers momentum

Western Desert Resources has taken another step toward developing an iron ore mine in the Gulf country of Australia's Northern Territory.The company is proposing an open-cut iron ore operation in the Gulf of Carpentaria.

Hellenic Shipping News Worldwide | August 23, 2011 | 3:13 pm

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