Flooding in Queensland, Australia has had a huge impact on exports; up to 30 million tonnes of iron ore were unable to be dug out, processed and shipped to China and elsewhere after the mines were flooded. Exports dropped by 8.7 per cent in the three months to March, the biggest quarterly fall in 37 [...]
Posted: October 27th, 2011 under Australia, China, Shipping.
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India’s Ministry of Shipping is forming a new port operating and shipping company called Indian Ports Global. The company will act as the investment arm of the Ministry and will operate terminals all over the world to help boost trade and secure capacity for Indian Shipping Lines. The new company, Indian Ports Global (IPG), will [...]
Posted: July 5th, 2011 under Africa, Australia, East Asia, India.
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