[Guinea forms its own shipping line to move booming bauxite exports]

Published: Jul 11, 2025 20:56

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Guinea has taken steps to strengthen its control over its bauxite export supply chain. The country’s Minister of Mines and Geology, Bouna Sylla, recently announced that 50% of all bauxite exports must be shipped on vessels under the Guinean flag. To facilitate this, Guinea has established its own shipping company, Guinéenne des Transports Maritimes (GUITRAM), which will handle a significant portion of bauxite transportation. In addition, the government has introduced the Guinea Bauxite Index (GBX) to increase transparency and maximize economic returns. In 2025, Guinea’s bauxite exports have risen sharply—up 37% year-on-year and 56% compared to 2023—making bauxite the second-largest contributor to global capesize shipping demand, surpassing coal.

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