Research On Selecting Vessel Type For China Iron Ore Import Fleet

Iron ore is the raw material for steel production. It is an important strategic resource for national economy development. Generally speaking, China has a rich but low-quality reserve of iron ore. And its distribution is imbalanced. The iron ore in China can no long satisfy the steel production, which makes it necessary to import more from the international market.China has overtaken Japan to become the first in importing iron ore. Large volumes of import push the freight up high. The rate for Capsize has hit its historical record. It's risen widely concern among bulk shipping companies on how to a proper vessel type to maximize the profit in iron ore transportation.First, based on analyzing actuality of iron ore from international transport market, this paper analyzes transport market of iron ore import in China. And this paper also selectively analyzes conditions of transport and ports of iron ore import in China, and discusses open questions in detail. Second, on basis of analyzing transport market of iron ore import in China, this paper forecasts iron ore import volume, and analyzes quantitatively select of vessel type for transport fleets of iron ore import in China. Finally, according to analysis of preamble for transport market of iron ore import in China, this paper puts forward specific measures and suggestions for shipping enterprises in China.