Vale: Global Iron Ore Demand “Far From Peaking”
RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in
RIO DE JANEIRO–Brazilian mining giant VALE SA (VALE, VALE5.BR) believes global demand for iron ore is “far from peaking,” though growth in
BEIJING–Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China
The Valemax iron ore carrier Vale Minas Gerais docked at the port of Villanueva in the Philippines on Wednesday marking the first time a Valemax ore carrier
China’s Rongsheng Heavy Industries announced today the delivery of a pair of 380,000 DWT Very Large Ore Carriers (VLOCs); one to Brazilian ore giant
Vale informed reporters today that it has signed a USD $600 million agreement to sell and further charter 10 large ore carriers with Polaris Shipping Co. Ltd.
RIO DE JANEIRO–Brazilian mining giant Vale SA (VALE, VALE5.BR) continues to negotiate for access to Chinese ports for its Valemax large iron-ore
The Berge Acongagua, owned by Norwegian company Bergesen Worldwide (BW Group) and operated by Brazilian mining group, Vale, docked at Nippon Steel Corporation
China Rongsheng Heavy Industries this week christened the first two 380,000 DWT Very Large Ore Carriers (VLOCs) built for Oman Shipping Company, as well as
Vale has announced the construction of a second floating iron ore transfer station in Subic Bay, Philippines. These transfer ships facilitate the transfer of
Vale expects that their massive ore carriers, the Valemax VLOCs, will soon get permission to enter Chinese ports to offload their cargos. It should happen
Rio de Janeiro (Dow Jones) – Global mining company Anglo American PLC (AAL.LN, AAUKY) and Brazilian port developer LLX Logistica Sat (LLXL3.BR) may
HONG KONG (Dow Jones)–China Rongsheng Heavy Industries Group Holdings Ltd. (1101.HK)–China’s biggest non state-owned shipbuilder by order
Bedeschi, an Italian company specializing in bulk loaders and unloaders gives us a first look at the Ore Fabrica, the world’s largest floating dry bulk
With regard to media reports about adjustments in the rules for berthing of Very Large Ore Carriers (VLOC) at Chinese ports, Vale clarifies that its vessels
The Port of Tubarão in Vitória will today receive Vale Rio de Janeiro, a Very Large Ore Carrier (VLOC) which is capable of transporting 400,000 metric
BEIJING (Dow Jones)–China’s Ministry of Transport Tuesday said that it has tightened control over a new breed of super-sized iron ore freighters
Lacking port entry permits into China, Vale had to come up with other options to unload it’s massive 400,000 ton ore-carrying ships. Enter
Class society DNV said today that the damage to the VLOC Vale Beijing was not caused by any global strength issue or by the effect of single pass loading.
LONDON -(Dow Jones)- Brazilian iron ore producer Vale SA (VALE) will likely wait until the end of the Lunar New Year to sell a massive cargo of iron ore
Vale informs that it is declaring force majeure (FM) on a number of its iron ore sales contracts effective from today, January 11, 2012. We are communicating
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