Sources reported that China’s iron ore imports have risen through 2026, a development the outlet says is lending support to the dry bulk sector. The item, published on 23 October 2026, cites a weekly note from shipbroker Banchero Costa that places the movement in the context of recent seaborne trade figures.

Banchero Costa’s latest weekly report is referenced in the coverage and notes that 2025 remained a positive year for global seaborne iron ore trade. The shipbroker recorded that global loadings for January to December 2025 rose by 3.5 percent year on year, a datum singled out in the reports summary. Those figures are presented as background to the changes seen in 2026.

The reports item states that rising iron ore imports into China so far this year have provided tailwinds for the dry bulk market. The report frames the increase in Chinese demand as the immediate factor supporting activity in related shipping segments. No further quantities or rate movements are specified in the supplied notes.

Market momentum into 2026

The combination of stronger Chinese import flows in 2026 and the 2025 increase in global loadings is set out as a reinforcing trend in the supplied reporting. Banchero Costa’s assessment of 2025 is used to show that the seaborne iron ore trade had already been expanding before the changes witnessed this year. The notes do not include additional commentary from other brokers or from charterers.

What the figures show

The only hard numerical detail provided in the report is the 3.5 percent year-on-year rise in global iron ore loadings for the calendar year 2025, as cited by Banchero Costa and reproduced in the reports summary. The coverage identifies the increase in China’s imports during 2026 as a present trend but does not attach a precise percentage or tonnage to that rise in the supplied material. The shipbroker’s weekly note is referenced as the source of the 2025 loading statistic and of the characterisation of recent developments.

The reports piece thus links a documented uptick in 2025 seaborne iron ore loadings with contemporaneous growth in Chinese import volumes during 2026, and presents both as supportive of dry bulk demand. That linkage is described in the supplied notes without accompanying new measurements of vessel demand, freight levels or fleet utilisation. The report remains focused on the trade flows themselves.

Readers are directed, via the summary supplied here, to the original reports item and to the Banchero Costa weekly report cited within it for any further detail. The report is dated 23 October 2026 and serves as the basis for the account that China’s rising iron ore imports have supplied a tailwind for the dry bulk market this year.

Luke Smout, Editor of The Maritime Gazette
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Editor, The Maritime Gazette

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