A bulk carrier signaled it was Chinese-owned as it transited the Strait of Hormuz this week, highlighting how vessels are trying to ensure safe passage through the waterway during the war in the Middle East.
A bulk carrier signaled it was Chinese-owned as it transited the Strait of Hormuz this week, highlighting how vessels are trying to ensure safe passage through the waterway during the war in the Middle East.
The Iron Maiden was seen switching its destination signal to "CHINA OWNER" while exiting the Strait of Hormuz early Thursday.
Iron ore rose as China renewed a pledge to tackle overcapacity in its world-leading steel sector and set a widely anticipated economic growth target for the year ahead.
Iron ore rose as China renewed a pledge to tackle overcapacity in its world-leading steel sector and set a widely anticipated economic growth target for the year ahead.
A freight train carrying iron ore travels towards Port Hedland, Australia, on Tuesday, March 19, 2019. A two-day drive from the nearest big city, Perth, Port Hedland is the nexus of Australia’s iron-ore industry, the terminus of one of Australia’s longest private railways that hauls ore about 400 kilometers (250 miles) from the mines of BHP Group and Fortescue Metals Group Ltd. The line ran a record-breaking test train weighing almost 100,000 tons that was more than 7 kilometers long in 2001, and even normal trains haul up to 250 wagons of ore. Photographer: Ian Waldie/Bloomberg
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