Thursday, May 13, 2021

Newbuild Vale VLOC Revealed as Bulk Carrier Getting Five Tilting Rotor Sails

Finland-based Norsepower has announced the installation of five tilting Rotor Sails on board a newbuild Very Large Ore Carrier (VLOC) under construction in China. The new vessel, named Sea Zhoushan,...

May 13, 2021
Total Views: 12338

Monday, December 14, 2020

Vale Ends Use of Converted Very Large Ore Carriers

Brazilian mining giant Vale has announced the final delivery of iron ore using one of its converted very large ore carriers, VLOCs, after the company decided to phase out its...

December 14, 2020
Total Views: 9163

Friday, November 13, 2020
bulk ship
Maritime News

Vale and Chinese Port Sign $651 Million Deal for Iron Ore Storage

BEIJING, Nov 13 (Reuters) – Brazil’s Vale and China’s Ningbo Zhoushan Port have signed a deal to invest around 4.3 billion yuan ($650.6 million) in iron ore storage and processing...

November 13, 2020
Total Views: 489

Friday, February 28, 2020
Maritime News

Stellar Banner Grounding: Vale Mobilizing Oil Spill Response Assets

Update: March 3, 2020 Salvage and oil spill response assets are being mobilized to deal with the partially submerged Stellar Banner stranded off the coast of Brazil. The Brazilian Navy...

February 28, 2020
Total Views: 257

Wednesday, April 3, 2019
port hedland
Maritime News

World’s Largest Iron Ore Port Expects Higher Exports Post Vale

By Krystal Chia (Bloomberg) — With a market facing a global deficit that was unforeseen at the start of the year, the world’s biggest iron ore export port is flagging a timely...

April 3, 2019
Total Views: 243

dry bulk ship, bulker
Maritime News

Iron Ore Thunders Higher as Mine Dams Closed, Exports Collapse

By Krystal Chia (Bloomberg) — Iron ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the crisis at Brazil’s Vale SA will...

April 3, 2019
Total Views: 39

Tuesday, February 19, 2019
bulk carrier ballast water
Maritime News

Dry Bulk Market Prospects Worsen After Brazil Dam Disaster, Golden Ocean Says

OSLO, Feb 19 (Reuters) – The prospects of dry bulk shippers carrying iron ore from mines to smelters have worsened due to the accident at Vale’s Brumadinho dam in Brazil,...

February 19, 2019
Total Views: 6

Wednesday, January 30, 2019
iron ore ship
Maritime News

Iron Ore Rockets as Vale’s Supply Disruption Convulses Market

By Krystal Chia (Bloomberg) — The global iron ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined plans to cut output after a deadly...

January 30, 2019
Total Views: 6

Wednesday, August 9, 2017
valemax ship

Vale Sells Two Very Large Ore Carriers for $178 Million

Brazilian mining company Vale SA on Wednesday said it has sold two ships with a capacity to carry 400,000 tonnes of iron ore each for a total of $178 million....

August 9, 2017
Total Views: 40

Monday, January 16, 2017
Maritime News

Ship Photos of the Day – Vale Ships First Iron Ore from Giant S11D Mine

Brazilian mining giant Vale has shipped the first cargo of iron ore from the company’s giant new mine in the Amazon known as S11D. The company said that three ships were...

January 16, 2017
Total Views: 117

Friday, April 1, 2016

COSCO Shipping Orders 10 Very Large Ore Carriers

SHANGHAI, April 1 (Reuters) – China COSCO Shipping Corp has placed an order for 10 very large ore carriers (VLOC) from China State Shipbuilding Corp (CSSC), the official Xinhua news...

April 1, 2016
Total Views: 33

Monday, March 21, 2016
Maritime News

Brazil’s Agnelli, Who Turned Vale Into Top Miner, Killed in Plane Crash

By Guillermo Parra-Bernal and Tatiana Bautzer SAO PAULO, March 20(Reuters) – Roger Agnelli, the Brazilian banker who turned Vale SA into the world’s No. 1 iron ore producer, died on...

March 21, 2016
Total Views: 11

Friday, March 18, 2016

China COSCO Shipping, Vale Sign 27-Year Iron Ore Transport Deal

SHANGHAI, March 18 (Reuters) – China COSCO Shipping Corporation and Vale have signed a 27-year-long agreement that will see the Chinese shipping giant carry 16 million tonnes of iron ore...

March 18, 2016
Total Views: 27

Monday, January 25, 2016

Vale Wins Order Reopening Main Port

By Marta Nogueira RIO DE JANEIRO, Jan 25 (Reuters) – A Brazilian judge decided on Monday that miner Vale SA may reopen its iron ore and coal port near Vitoria,...

January 25, 2016
Total Views: 1

Thursday, January 21, 2016
Maritime News

Brazil Orders Vale’s Tubarão Port Closed Over Environmental Concerns

By Jeb Blount and Marta Nogueira RIO DE JANEIRO, Jan 21 (Reuters) – Brazil’s Vale SA said on Thursday a court ordered the temporary suspension of activities at its Port...

January 21, 2016
Total Views: 16

Wednesday, December 9, 2015
Maritime News

Vale Completes Sale of Four Giant VLOCs for $423 Million

Vale S.A. and a consortium led by ICBC Financial Leasing, a 100 percent owned subsidiary of the Industrial and Commercial Bank of China, have concluded the sale and purchase of four...

December 9, 2015
Total Views: 1

Friday, December 4, 2015
Maritime News

Vale to Sell 11 Giant Valemax Carriers

LONDON, Dec 4 (Reuters) – Brazil’s Vale SA said on Friday that it plans to sell its 11 remaining Valemax iron ore carriers and lease them back in transactions that...

December 4, 2015
Total Views: 43

Thursday, July 30, 2015

Vale to Collect $448 Million from Sale of Four Giant ‘Valemax’ Ships to China

  RIO DE JANEIRO, July 30 (Reuters) – Brazilian mining company Vale SA said on Thursday that it expects to receive $448 million from the sale of four dry-bulk iron...

July 30, 2015
Total Views: 15

Friday, July 3, 2015

China to Lift Ban of 400,000 DWT ‘Valemax’ Mega-Ships

  SHANGHAI, July 3 (Reuters) – China said on Friday it will allow 400,000-deadweight tonne ships to dock at its ports, officially ending a more than three-year ban that had...

July 3, 2015
Total Views: 37

Wednesday, June 10, 2015
Maritime News

Vale Says Iron to Tighten as China Buys More and Sells Less

(Bloomberg) The global iron-ore market is set to tighten in the second half of the year as China imports more and produces less, according to the biggest miner, Vale SA....

June 10, 2015
Total Views: 0