Increasing demand for the carriage of dry bulk overtakes shipping supply in dry markets causing, as any armchair economist could predict, rising freight rates. But it's not a super-surge by any means... Only a few brave souls would have predicted … [Read more...]
WA Government backs polluters and fails re: key drivers of State’s economy
The WA Government has, in a letter to Shipping Australia, demonstrated a gross ignorance of, or indifference to, the point at which two of the most important industries in the Western Australian economy intersect: namely ocean-transport and the iron … [Read more...]
New Year, New Cash Grab in Western Australia
Pilbara Ports Authority (PPA) has introduced a new cash grab, er, port charge at the Port of Port Hedland. Effective from 1 March 2021, the PPA has decreed that vessels exporting iron ore that use the inner harbour of Port Hedland must pay a … [Read more...]
Near term outlook for Australian iron ore exports improves
Mineral markets have tightened over the last few months and the outlook for Australian iron ore exports has improved, reports the Office of the Chief Economist in the December edition of the "Resources and Energy Quarterly". A key indicator: … [Read more...]