Vale Sold Another Three Valemax Bulk Carriers To Chinese Consortium

Vale Sold Another Three Valemax Bulk Carriers To Chinese Consortium The brazilian mining giant vale announced on july 4 that it had sold another three valemax bulk carriers to a chinese consortium led by the industrial and commercial bank of china (icbc) for the equivalent of over r4 billion. delivery is scheduled for august. Brazil’s state owned vale has agreed to sell three of its 400,000 dwt valemax bulkers for $269m to icbc international, wholly owned by industrial and commercial bank of china (icbc). the three.

Vale Sells China Four More Giant Valemax Carriers вђ Gcaptain Published jul 1, 2016 5:54 pm by reuters. brazil's vale sa said it has sold three of its giant "valemax" iron ore ships to a group led by industrial and commercial bank of china, continuing. Vale said last week that the company will receive $269 million after delivering these ships to the chinese shipowner next month. it is also seeking buyers on the global market for other valemax. Brazilian miner vale said on tuesday it agreed to sell four large iron ore carriers to china merchants energy shipping co (cmes), as it looks to raise cash in the midst of an iron ore price slump. The chinese authorities now look set to end the ban on mining company vale's biggest dry bulk vessels of up to 400,000 dwt. for more than three years the ban has prevented valemax vessels from calling in chinese ports.

юааvaleюаб Sells Vloc Duo юааto Chinaюабтащs Bocomm Tradewinds Brazilian miner vale said on tuesday it agreed to sell four large iron ore carriers to china merchants energy shipping co (cmes), as it looks to raise cash in the midst of an iron ore price slump. The chinese authorities now look set to end the ban on mining company vale's biggest dry bulk vessels of up to 400,000 dwt. for more than three years the ban has prevented valemax vessels from calling in chinese ports. London, dec 4 (reuters) brazil's vale sa said on friday 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. China’s ban on very large ore carriers known as valemaxes seems to have been officially lifted as the 400,000 dwt valemax yuan zhuo hai readies to call at dongjiakou port, qingdao china. the giant ship, owned by china ore shipping, has arrived off the coast of china’s qingdao on tuesday and is underway toward dongjiakou where it is expected.