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
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
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
(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
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
Oversupply of iron ore, weakening Chinese demand and a falling Brazilian real has led to a challenging situation at Vale
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
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
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
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
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
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
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
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
n the end, the answer to Brazilian miner Vale's Chinese shipping problem turned out to be in the problem
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
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
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.
By Yuka Obayashi KASHIMA, Japan, June 20 (Reuters) – Nippon Steel & Sumitomo Metal Corp, Japan’s biggest steelmaker, may start talks on a
China is interested in setting up a partnership with Brazilian mining major Vale to move iron ore from its giant vessels on to smaller ones, as a ban on the
By Juan Pablo Spinetto April 30 (Bloomberg) — Vale SA, the largest iron-ore producer, posted a steeper decline in first-quarter profit than analysts
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