16
Feb
00:00
China releases standards for 400,000dwt carriers
China’s Ministry of Transport has released design standards for 400,000 deadweight tonne bulk carriers in a move that is widely seen as a prelude to the approval of Vale’s fleet of massive ore carriers to dock in the country. The use of its “Valemax” fleet is core to the Brazilian miner’s plans to vastly increase shipments to China in the face of higher production in Australia, Kallanish notes.
Although several Chinese ports can…
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Anonymous
Very good overview of the weekly steel market.
Anonymous