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Wednesday, December 9, 2015
Vale Completes Sale of Four Giant VLOCs for $423 Million
Shipping 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

December 9, 2015
Total Views: 23

Friday, December 4, 2015
Vale to Sell 11 Giant Valemax Carriers
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

December 4, 2015
Total Views: 135

Thursday, July 30, 2015
Vale to Collect $448 Million from Sale of Four Giant ‘Valemax’ Ships to China
News

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

July 30, 2015
Total Views: 110

Friday, July 3, 2015
China to Lift Ban of 400,000 DWT ‘Valemax’ Mega-Ships
News

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

July 3, 2015
Total Views: 169

Wednesday, June 10, 2015
Vale Says Iron to Tighten as China Buys More and Sells Less
Shipping 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

June 10, 2015
Total Views: 25

Tuesday, May 19, 2015
News

Vale Sells China Four More Giant ‘Valemax’ Carriers

Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES), as it looks to raise cash in

May 19, 2015
Total Views: 37

Thursday, April 30, 2015
Vale Sails into Perfect Storm, Left With $3.1 Billion Quarterly Loss
News

Vale Sails into Perfect Storm, Left With $3.1 Billion Quarterly Loss

Oversupply of iron ore, weakening Chinese demand and a falling Brazilian real has led to a challenging situation at Vale

April 30, 2015
Total Views: 3

Wednesday, April 29, 2015
murilo ferreria
News

Vale Chief to Become Chairman of Petrobras

If guiding the biggest iron-ore miner through the worst price rout in a decade wasn’t enough, Murilo Ferreira is taking on a new

April 29, 2015
Total Views: 35

Wednesday, February 11, 2015
Vale Rio de Janeiro vloc
News

Vale’s Giant Iron Ore Carriers to Be Permitted in China’s Ports

China has amended rules around ships it will allow to berth at mainland ports, paving the way for Brazilian miner Vale to ship iron ore in its giant 400,000

February 11, 2015
Total Views: 145

Thursday, January 29, 2015
Vale’s Giant ‘Valemax’ Bulkers Dock at Five Chinese Ports – Exec
News

Vale’s Giant ‘Valemax’ Bulkers Dock at Five Chinese Ports – Exec

Brazilian miner Vale's mega-ships have been able to dock at five ports in China, the firm's head of investor relations said on Thursday, as a ban that had been

January 29, 2015
Total Views: 11

Tuesday, November 25, 2014
News

Iron Ore Drops Below $70 for First Time Since ’09 as Glut Widens

Iron ore traded below $70 for the first time in five years as rising low-cost supplies by the world’s top miners widen a global glut amid slowing demand from

November 25, 2014
Total Views: 15

Friday, November 7, 2014
vale brasil vloc bulk carrier valemax
News

Vale Opens $1.4 Billion Malaysia Terminal

Brazil's Vale SA on Friday inaugurated a $1.4 billion port in Malaysia able to receive and blend iron ore from its mega-ships, an important step in the miner's

November 7, 2014
Total Views: 152

Friday, October 10, 2014
News

Valemax Iron Ore Carrier Docks at China Port After Deals

A giant iron-ore freighter owned by Vale SA was allowed to dock at a Chinese port last week, Reuters data showed, the first since the Brazilian miner signed

October 10, 2014
Total Views: 78

Sunday, September 28, 2014
News

Valemax Vessels and Risk, Whether of Execution or Political

In May 2008, capesize vessels – hard to believe now – were averaging $155,000 pd on the spot market, while the ‘front leg’ of the trade Tubarao

September 28, 2014
Total Views: 880

Friday, September 26, 2014
News

China Merchants to Build 10 Giant Iron Ore Carriers for Vale

Brazilian iron ore miner Vale SA signed a strategic framework agreement with China Merchants Group, a company owned by the PRC, whereby 10 new Very Large Ore

September 26, 2014
Total Views: 65

Tuesday, September 16, 2014
News

After Standoff, Vale and China’s COSCO Both Claim Shipping Victory

n the end, the answer to Brazilian miner Vale's Chinese shipping problem turned out to be in the problem

September 16, 2014
Total Views: 28

Friday, September 12, 2014
Shipping News

Vale and China’s Cosco Agree to Iron Ore Shipping Deal

Brazilian miner Vale SA reached a deal with China Ocean Shipping Co (Cosco) for transporting iron ore, a move that could help the Brazilian miner resolve a

September 12, 2014
Total Views: 40

Thursday, August 7, 2014
News

Astronomical Amounts of Iron Ore Expected to be Shipped From Brazil

Brazilian mining company Vale SA plans to double its iron ore exports to China within five years according to Jose Carlos Martins, the company's head of

August 7, 2014
Total Views: 122

Saturday, June 21, 2014
Multimedia

Vale Makes First VLOC Port Call at Kashima

The Vale Brasil arrived at Nippon Steel & Sumitomo Metal’s (NSSMC) Kashima port on June 18, marking the first time a VLOC has called on Kashima.

June 21, 2014
Total Views: 82

Friday, June 20, 2014
News

Nippon Steel May Start Talks to Transport Iron on Valemax Ships

By Yuka Obayashi KASHIMA, Japan, June 20 (Reuters) – Nippon Steel & Sumitomo Metal Corp, Japan’s biggest steelmaker, may start talks on a

June 20, 2014
Total Views: 54
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