Analysis On Iorn Ore Shipping Market Between Austrialian And China And Study On Iorn Ore Vessel Investment Decision-Making

Since the beginning of the 21st century, the china's national economy has being maintained at a good growth momentum, the demand for steel products continued to increase. As growing of the scale of demand of China's steel and the relative shortage of production capacity of iron mines, the contradictions about supply and demand of Iron ore which are major source of the steel production have become increasingly prominent. In the situation of inadequate supply of domestic iron ore, the imports of iron ore of China's grows rapidly each year, In 2003, china becomes the world's largest importer of iron ore as 148 million tons which exceeds the Japan for the frist time.the amount of import broke through 200 million tons in 2004, broke through 300 million tons in 2006, while it has reached 381 million Tons in 2007.the imports of iron ore eased the contradictions of shortage of china's iron ore in a large extend and accelerated the pace of China's economic construction. As China's largest iron ore importer, Australia attracts many Chinese steel company's attention with its large number of high-grade iron ore. In 2007, the amount of iron ore which is exported to china is 145.6 million tons,which is accounted for 38.01 percents of China's iron ore imports all the year.At the same time,the huge volume of iron ore trade in the route attracts many shipping companies which plough ships into the route one after another.This article starts mainly from the status of iron ore transport market between Australia and China, combining the carrying demand of China's iron ore import, studys and explores the the development of iron ore transport market between Australia and China, and figures out the best investment decisions of Shipping companies on iron ore shipping. It provides a certain reference for actual operation of the Shiping Companies via a simple theory study.