Tag: Valemax ships

• Tuesday, January 31st 2012 - 23:51 UTC

  China bars Brazil’s bulk carriers from its ports; clash over iron ore shipping rates

  

  China banned a giant new class of ship from its ports on Tuesday, a move that checks efforts by mining giant Vale SA to cut the cost of shipping iron ore to its largest market and risks raising trade tensions with Brazil.

• Wednesday, December 14th 2011 - 18:05 UTC

  China questions safety of Brazil’s dry bulk carriers, the world’s largest

  

  China should be in no rush to allow Brazil’s new Valemax ships, the world's largest dry bulk carriers, into its ports, as they have not been thoroughly tested and any oil leak from one could be catastrophic, an influential Chinese industry group warned on Tuesday.