19
May
01:00
Vale sells/agrees to sell ore carriers to Chinese shipping companies
A visit by the president of China to Brazil has allowed iron ore miner Vale to formalise various agreements, contracts and financing arrangements with a raft of Chinese companies. Two of the deals involved very large ore carriers (VLOC), Vale tells Kallanish.
Vale and China Merchants Energy Shipping Co., Ltd. (CMES) signed an expanded framework agreement for strategic cooperation on seaborne cargo transportation and integrated logistics on a long-term basis.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous