Dry Cargo

IMO’s newest member Botswana delivers its first iron ore cargo to China

The newest member state of the International Maritime Organization (IMO), landlocked Botswana, has delivered its first ever iron ore export cargo to China.

The southern African nation joined the UN’s shipping body this month, becoming the IMO’s 175th member state.

Botswana’s first iron ore mine, Ikongwe, is owned by Vision Ridge Investments, a unit of India’s Yashomann Industries.

According to Alphabulk, exports currently go via South Africa in containerised shipments, but Vision Ridge is in talks with Botswana Railways to organise bulk shipments through Mozambique’s port of Maputo.

Vision Ridge has secured an order for 50,000 tons of ore per month from one of China’s state-owned steel mills.

Africa has 16 landlocked developing countries, which represent 30% of the region’s population, and which are entirely dependent on the key trading corridors through neighbours for access to the sea, according to data from the World Bank carried in a recent Splash Extra in-depth feature on the continent’s maritime potential.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Comments

  1. “Vision Ridge Investments, a unit of India’s Yashomann Industries. … has secured an order for 50,000 tons of ore per month from one of China’s state-owned steel mills.” somewhat ironic methinks.

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