China adjusts to the ‘new normal’

Liquified natural gas is unlikely to displace coal in China’s energy transition, as the country prioritises domestic energy sources over imported LNG.

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.

Three bridge-type grab bulk cargo unloaders have arrived at Beibu Gulf Port, advancing the port’s largest bulk cargo berth development.

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

Total shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.

Before this order, Metso conducted the concept study and process test for the project. Basic engineering for the project is ongoing.