Vale, the world's largest iron ore exporter, is spending more than $2 billion on the fleet of 400,000-tonnes carriers to cut the cost of shipping the steelmaking ingredient to China, which ...

At the Philippine port, Vale hires smaller cape size vessels from other ship owners via public tenders to transport the iron ore to China. Industry officials said Chinese companies, such as China ...

Vale, which sells about 40 percent of its ore to China, is counting on Valemaxes to slash shipping costs and better compete with Australian rivals BHP Billiton and Rio Tinto . While Vale's ore is ...

Vale SA, the world’s largest iron-ore producer, is set to take delivery of a ship that will help the company bypass the exclusion from Chinese ports of its biggest vessels hauling the commodity.

BEIJING (Caixin Online) — China’s biggest shipping companies are going head ... The controversy dates to 2007 when Brazilian miner Vale SA (VALE3) VALE started mapping out plans for a ...

Brazil's Vale SA expects iron ore shipments to China to rise in 2020, versus 2019, due to falling demand in other countries hurt by the coronavirus pandemic, according to a phone call between the ...

SHANGHAI—New regulations from China's Ministry of Transport issued this week could deal a blow to Brazilian mining company Vale SA's plans to use supersize ships to serve China. The rules limit ...

The ship moored Dec. 28 and promptly disgorged a massive cargo of 350,000 tons of iron ore, mined in Brazil by Vale SA VALE for sale to steel producers in China. Back To Top ...

China Ocean Shipping (Group) Co., the nation’s biggest operator of dry-bulk ships, said Vale SA was refusing to use its vessels to protest a Chinese ban on the Brazilian miner’s mega-ships.

China closed off its ports on Tuesday, denying Brazilian miner Vale access to berth its giant iron ore carriers, a move likely to worsen the growing trade dispute between the two countries.

Brazil's Vale SA expects iron ore shipments to China to rise in 2020 versus 2019 due to falling demand in other countries hurt by the coronavirus pandemic, the China Iron and Steel Association ...