The company sources raw materials such as iron ore and bauxite from regions including China, Asia, Europe, Brazil, West Africa, and India. In 2025, China imported iron ore at a record volume, while West African bauxite exports increased competition affecting Brazil's tonnage. Brazil has expanded iron ore exports to India, creating competition with the Brazil-China trade route. The Simandou project in Guinea is progressing, with shipments commencing in November 2025 and plans to significantly increase production. Vale aims to increase capacity by 50 million tons per annum by 2026 through its Vargem Grande, Capanema, and S11D mines. The company monitors geopolitical risks and market trends, including tariffs and trade disputes, but has not been directly affected by U.S. tariffs announced in 2025. Vessel supply growth is moderate, with newbuilding costs for dual-fuel Newcastlemax vessels in China approximately $95 million. The Capesize fleet and order book have grown moderately, with many vessels scheduled for dry docking in the near term. Vale is identified as a supplier in company filings.
Himalaya Shipping Ltd's Comment on Supply Chain
The company sources raw materials such as iron ore and bauxite from regions including China, Asia, Europe, Brazil, West Africa, and India. In 2025, China imported iron ore at a record volume, while West African bauxite exports increased competition affecting Brazil's tonnage. Brazil has expanded iron ore exports to India, creating competition with the Brazil-China trade route. The Simandou project in Guinea is progressing, with shipments commencing in November 2025 and plans to significantly increase production. Vale aims to increase capacity by 50 million tons per annum by 2026 through its Vargem Grande, Capanema, and S11D mines. The company monitors geopolitical risks and market trends, including tariffs and trade disputes, but has not been directly affected by U.S. tariffs announced in 2025. Vessel supply growth is moderate, with newbuilding costs for dual-fuel Newcastlemax vessels in China approximately $95 million. The Capesize fleet and order book have grown moderately, with many vessels scheduled for dry docking in the near term. Vale is identified as a supplier in company filings.
Sources:
Himalaya Shipping Ltd 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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