Iron Ore

Iron Ore is integral to the steel-making process and one of the most sought-after commodities in the world. 98 % of all iron ore is converted into pig iron for steel making. It is then used in construction, transportation, energy infrastructure, and even household appliances. It takes about 1.6 MT of Iron Ore to produce 1 ton of Steel. 

Australia is consistently the leading iron ore exporting country in the world. On the other hand, China is the world’s largest importer of iron ore, accounting for a 70% share of the total global iron ore imports.  

Having gained experience with Brazilian iron ore mining giant… whereby, the founder of Capricorn was responsible for setting up and was heading the TWO world’s largest transhipment operations in Asia from year 2012- 2019 which involved export, shipping & distribution of 71 million tons of Iron Ore from Brazil to various ports in China. 

We work directly with the producers - miners, exporters of various grades ranging from 54% - 62% of Iron ore and origin, thorough due diligence is done by our team to ascertain the quality of shippers and products before any spot | long-term cargo contracts are secured and finalized as to the requirements of the importer/end user.  

The years of experience gained in ocean shipping, terminal management & mining operations assist team Capricorn to perform seamless end-to-end transactions. 

The list of jobs performed by our team after the trade desk has concluded the contracts: - 

  • Supervision during mining & processing 
  • Quality test at mines 
  • Local transport to the port  
  • Stockpiling | warehousing 
  • Third-party inspection at the port 
  • Monitoring of daily reports 
  • Quality analysis at the terminal before loading 
  • Nomination of shipping agency, shipping schedule @ load | discharge port 
  • Charter party - competitive freight management   
  • Demurrage & laytime calculations @ load | discharge port 
  • Banking – payments  
  • Documentation    

Please write to us at sales@capricorn-singapore.com or connect with us on what’s app at +65 9621 0539 for product availability, specifications and to receive a firm offer/quote along with other T&C.