Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale Predicts Global Seaborne Iron Ore Demand Will Reach 1.4 Billion Tons Next Year

Vale predicts that global seaborne iron ore demand will reach 1.35 to 1.4 billion tons this year, as future new supply is limited, with prices expected around $50 per ton. Recently, due to declining steel demand in China, spot iron ore prices have fallen below $40, reaching a ten-year low. Despite pressure on global iron ore supply, increasing demand outside of China may offset this. Additionally, the reduction in new supply is one of the key factors.

12/30/2023 Logistics
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Euchina Trade Tensions Rise Over Economic and Environmental Impacts

Euchina Trade Tensions Rise Over Economic and Environmental Impacts

China-Europe maritime transport is a crucial artery of global trade, supporting significant trade volumes and surpluses between the two regions. It's also a key component of the Belt and Road Initiative, holding geopolitical significance. However, maritime transport poses environmental challenges, including carbon emissions and marine pollution. Shipping costs are influenced by various factors, ranging approximately from $2000 to $4000 per cubic meter. Collaborative efforts between China and Europe are necessary to achieve sustainable development in maritime transport.

01/26/2026 Logistics
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DGM Xiamen Enhances Global Trade with Hazardous Goods Expertise

DGM Xiamen Enhances Global Trade with Hazardous Goods Expertise

Xiamen DGM China Ltd., a key part of the DGM global network, specializes in dangerous goods management, offering comprehensive services including identification, packaging, declaration, and training. Based in North Asia and serving the globe, the company leverages a professional team and extensive experience to provide safe and compliant dangerous goods transportation solutions, facilitating global trade development. DGM China is committed to ensuring the secure and lawful shipment of hazardous materials, adhering to international regulations and best practices.

Chinauk Sea Freight Costs and Timelines Explained

Chinauk Sea Freight Costs and Timelines Explained

This article provides a detailed overview of China-to-UK shipping routes, including distances, route options, influencing factors, and commonly transported goods. It also covers shipping costs and addresses frequently asked questions. The aim is to help readers understand various aspects of maritime transport between China and the UK, enabling them to make informed decisions and potentially reduce transportation expenses. It offers insights into optimizing logistics and choosing the most suitable shipping solutions for different needs and cargo types.

Kaishans Geothermal Ammonia Project Boosts East Africas Clean Energy

Kaishans Geothermal Ammonia Project Boosts East Africas Clean Energy

Kaisan Group of China is investing in Kenya to build the world's first geothermal-powered green ammonia and green fertilizer project. Utilizing Kenya's abundant geothermal resources, the project aims to produce 200,000 tons of green ammonia and green fertilizer annually. It aims to ensure Kenya's food security, reduce reliance on fertilizer imports, and promote the green energy transition in East Africa. This project serves as a model for China-Africa energy cooperation and holds significant economic and social importance.