West Oz nod for Albany dredging

Shipowners have found stable dry bulk markets with narrow spot rate ranges and low scrapping, but recent trends show Capesize and Panamax rates falling.

Vale and Euroports Tarragona have teamed up to enhance Mediterranean iron ore logistics, marked by the Magsenger 10 delivering 110,000 tonnes from Brazil.

Southern Ports set nine records this year, with standout imports being caustic soda and fertiliser, and spodumene exports hitting a fourth consecutive record.

The Western Australian government will invest AU$22 million to expand Kwinana Bulk Jetty’s capacity and improve logistics infrastructure and planning.

Western Australia will get a heavy haul rail collaboration centre and a rolling stock manufacturing base, supporting the iron ore industry.

Rio Tinto marks a milestone with the shipment of 4 billion tonnes of Pilbara iron ore from Dampier Port to China Baowu Steel Group.