Vale’s 400,000-ton newbuild ore carrier delivered in Qingdao

Vale’s 400,000-ton newbuild ore carrier delivered in Qingdao

A 400,000-ton ore carrier, Ore Tianjin, was delivered to Brazil's iron ore giant Vale in the coastal city of Qingdao in east China's Shandong Province on March 22, 2018.  Caption: Ore carrier Ore Tianjin - …
Mar 23, 2018 /  Vessels
“Green” vessel built on a Vale initiative loads for the first time at the Tubarão port

“Green” vessel built on a Vale initiative loads for the first time at the Tubarão port

The ship, the first out of 32, will emit between 15% and 20% less carbon dioxide than the existing Valemaxes The first second-generation Very Large Ore Carrier (VLOC) loaded for the first time this week at the …
Feb 28, 2018 /  Vessels
Chinese Shipping Majors Splash $2.5 Bln for 30 Giant Valemax Vessels

Chinese Shipping Majors Splash $2.5 Bln for 30 Giant Valemax Vessels

Chinese shipping majors Cosco Group, China Merchants Group and ICBC Financial Leasing Co. have placed orders for 30 giant Valemax vessels worth a combined $2.5 billion, people involved in the matter said. The move …
Mar 11, 2016 /  Finance
Vale to Sell 11 Giant Valemax Carriers

Vale to Sell 11 Giant Valemax Carriers

Brazil’s Vale SA said on Friday (Dec 4) that it plans to sell its 11 remaining Valemax iron ore carriers and lease them back in transactions that could raise $1.1 billion. Vale has said it has experienced …
Dec 8, 2015 /  Finance
China Merchants Energy Shipping Signed COA with VALE

China Merchants Energy Shipping Signed COA with VALE

China Merchants Energy Shipping (CMES) has signed a 20-year contract of affreightment (COA) with Brazilian mining giant Vale through its subsidiary Hong Kong Ming Hah Shipping, with an option to extend the deal for …
Sep 29, 2015 /  Curious
Sohar Max, first fully laden Valemax to discharge iron ore in China

Sohar Max, first fully laden Valemax to discharge iron ore in China

Over the weekend Sohar Max became the first ever fully laden Valemax to discharge iron ore in China. Photo: Arjan Elmendorp The 400,000-DWT vessel had loaded iron ore from Ponta Da Madeira port in …
Jul 27, 2015 /  Vessels
Video: China’s Qingdao Port welcomes world’s largest iron ore cargo ship

Video: China’s Qingdao Port welcomes world’s largest iron ore cargo ship

Yuan Zhuo Hai has become the 1st Valemax to unload at one of China’s ports in two years with its arrival at Quingado’s Dongjiakou Port. The vessel is one of a total of four VLOCs with a deadweight …
Jul 6, 2015 /  Curious
China Ore Shipping Valemax Becomes First Vessel To Unload At Chinese Port In Two Years

China Ore Shipping Valemax Becomes First Vessel To Unload At Chinese Port In Two Years

Yuan Zhuo Hai has successfully arrived at Quingado’s Dongjiakou Port and has become the 1st Valemax to unload at one of China’s ports in two years. The vessel is one of a total of four VLOCs with a …
Jul 2, 2015 /  Finance
Vale’s Valemax bulkers able to dock at five of China’s ports

Vale’s Valemax bulkers able to dock at five of China’s ports

Brazilian miner Vale has been able to dock its mega-ships at five Chinese ports, said the firm’s head of investor relations on Thursday, after a ban that was imposed in 2012 had been finally …
Jan 30, 2015 /  Vessels