The growth of marine shipments of mineral raw materials in the S&P report shows that the world is going through a coronary crisis. Shipments of iron ore by sea from major companies such as Rio Tinto, BHP, Vale, Fortescue Metals and Roy Hill, as well as from the port of Saldan in South Africa, increased by 13.4% per week to 23.96 million Tons per week. The computational basis for this statistic has been starting from July 25. Analysis of statistics shows that the performance of these companies has been above average. In the following, we will explain this issue. Please be with Artan Press.
*** S&P statistics on the growth of marine shipments of mineral raw materials
S&P figures show that 21.99 million tonnes have been shipped by sea in the past four weeks. The data presented in this report should be used as a basis for companies’ decisions as they have not yet been formally approved. It is recommended that this data be used only as an indication as part of the sea routes may not be included in these calculations.
*** The headline of the most important news regarding the growth statistics of mineral shipments
Rio Tento exports rose 9.13 percent to 6.18 million tons a week. These shipments were made from Dampir port and Cape Lambert. The average weekly shipment was estimated at 5.67 million tonnes in the past four weeks.
• BHP transport volume increased by 7.03 percent to 5.4 million tons. This impressive transit and sea transport has taken place from the port of Headland. In the last four weeks, its average volume was 5.31 million tons. This transit and sea transportation is also a great success for this company. Because the risks and limitations of the Corona pandemic have not yet been completely eliminated.
• Vale’s total exports were 6.07 million tons from Brazilian ports. This amount of exports has increased by about 20% compared to the same period last week. In the last four weeks, the average export of this company has been reported as 5.71 million tons.
FMG’s transit and transit volume increased by 21.52% to 4.09 million tonnes in the Australian port of Hadland.
• Sea shipments on the Hill reached 1.3 million tonnes, up 31.93%. This significant export growth is progressing on a weekly basis.
• Iron ore exports from the South African port of Saldanha fell 9.44% to 0.92 million tonnes on a weekly basis.
The image below shows the shipping statistics of mineral shipments from large companies.
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