Rio Tinto’s Guinea subsidiary has formed a railway and port joint venture with Winning Consortium Simandou (WCS) and the military junta government, paving the way for work to resume on the world’s largest undeveloped iron ore project, something that will have major implications for the global...
https://splash247.com/deal-reached-to-move-guineas-giant-iron-ore-project-ahead/
Abu Dhabi companies the AD Ports Group and the NMDC Group have entered into an agreement to establish a new joint venture company to conduct offshore surveys and subsea s ..
The post Marine projects joint venture formed in Abu Dhabi appeared first on Baird Maritime.
The Damen Shipyards Group will soon deliver a new port maintenance workboat to Guinean company Compagnie des Bauxites de Guinee (CBG). The vessel will sail on its deliver ..
The post Guinean operator to get new port maintenance workboat appeared first on Baird Maritime.
Within the exceptional short delivery time of just 4.5 months, Damen Shipyards Group has been able to deliver a customized Multi Cat 2409 for port and fairway maintenance at the Guinean Port of Kamsar. Great cooperation of Compagnie des Bauxites de Guinée (CBG) and Damen, overcoming covid restrictions in the process, has led to the outfitting of the vessel for a multitude of operations in the West-African port.
Damen will bring the new vessel to Guinea on its own keel, departing from the...
The global seaborne map of capesize trades is set for one of its largest shifts in the wake of the signing finally of a multi-billion dollar iron ore mining deal in West Africa. Guinea’s ruling junta has penned a $15bn framework agreement with mining giant Rio Tinto and a Singapore-led Winning...
https://splash247.com/cape-trading-patterns-to-shift-with-15bn-guinea-iron-ore-project/
Aluminium prices hit decade highs yesterday on the back of the coup news coming out of Guinea, a key supplier of bauxite, a raw material used to make the metal. However, analysts are confident that bauxite shipments will continue to flow relatively unscathed, with operations at the port of Conakry,...
https://splash247.com/bauxite-exports-continue-despite-guinea-coup/
Around the world in seven shipping records
The container and dry bulk shipping industries are breaking new records left, right and centre it appears, resulting in dry bulk owners enjoying unseasonably high profits, and container shipping carriers and tonnage providers delivering record high profits.
In this piece, BIMCO will take a look at some of the current records broken in the shipping industry world-wide.
Please enjoy! – below extracts only – while the full analysis and graphics are...
https://allaboutshipping.co.uk/2021/06/10/around-the-world-in-seven-shipping-records-new-analysis/
Railway construction and tunnelling works have commenced around the Simandou iron ore project in the southeast of Guinea, a mine in west Africa which is set to reshape global iron ore trading patterns. A consortium, which includes Singapore’s Winning Shipping, Guinean mining logistics firm United...
https://splash247.com/giant-cape-shifting-simandou-iron-ore-project-moves-ahead/
BIMCO: China’s one-sided recovery drives iron ore market back up
In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53.0m tonnes,
driven by China. So far this year, 35.2m tonnes of iron ore has been exported to China,
representing a 15.2% increase from the same period last year and standing in contrast to slightly
declining exports to all other countries: down 1.2% to 17.8m tonnes, continuing the trend from
2020.
Despite the strong growth rates in the first...
The World Health Organization (WHO) has alerted six African countries to watch out for...
https://mfame.guru/who-warns-6-african-nations-over-new-ebola-resurgence/