Vale is selling its ore carriers within efforts to raise cash and improve relations with China’s shipping companies.
Green Marine
about 11 years ago
Vale Inks Deals to Sell Eight Valemaxes to Chinese Partners
Brazilian mining giant Vale S. A. (Vale) has concluded the contract with China’s bulk carrier specialist, the China Ocean Shipping Company (Cosco), on the sale four very large ore carriers. The sale of 400,000 tons deadweight carriers, owned and currently operated by Vale, stems from the previously
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