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Shipspotters all over the world => Shipping News and information => Topic started by: Robert McDonald on December 21, 2011, 09:09:16 PM

Title: "Vale sells four of its 19
Post by: Robert McDonald on December 21, 2011, 09:09:16 PM

This news item just came across my desk, from macauhub:
http://www.macauhub.com.mo/en/2011/12/21/brazilian-group-vale-sells-four-of-its-19-%E2%80%9Csuper%E2%80%9D-cargo-ships/ (http://www.macauhub.com.mo/en/2011/12/21/brazilian-group-vale-sells-four-of-its-19-%E2%80%9Csuper%E2%80%9D-cargo-ships/)

Robert in Port Townsend
www.oil-electric.com (http://www.oil-electric.com)

Title: Re: "Vale sells four of its 19
Post by: peterredd on December 23, 2011, 09:06:58 AM

Vale SA four of its 19 iron-ore mega ships to Asian companies

 http://www.seanews.com.tr/article/TURSHIP/DRYBULK/73628/Vale-mega-Ships-Sold/

Interesting read

Regards Peter

Title: Re: "Vale sells four of its 19
Post by: Mats on December 23, 2011, 09:35:33 AM

This sure is an interesting story, both the sie and number of the Valemaxes, the apparent political and economical tug-of-war between Brail and China over control over the trade routes, and the problems with "Vale Beijing".

While many newsstories have cast doubt over the decision by Vale to order all these ships, and at quite high prices, the broader picture seems to be less appreciated. Tradewinds brought an interesting angle yesterday, citing a shipbroker at ICAP Shipping who said that any loss from selling the ships at a discount would be

Title: Re: "Vale sells four of its 19
Post by: Mats on December 28, 2011, 08:17:28 PM

The first Valemax, "Berge Everest", has arrived in Dalian, China:
http://www.tradewindsnews.com/firstpage/661638/giant-bulker-into-china

Title: Re: "Vale sells four of its 19
Post by: Mats on December 29, 2011, 08:15:24 PM

And the following web page has the pictures to prove it:
http://news.we54.com/news/201112/28_42238.html

Translation here: http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=no&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fnews.we54.com%2Fnews%2F201112%2F28_42238.html

(http://news.we54.com/uploads/allimg/111228/12_111228163907_1.jpg)

Title: Re: "Vale sells four of its 19
Post by: Mats on January 29, 2012, 09:23:26 PM

The giant 300,000 dwt transhipper is ready. Picture here:

http://www.xrshipyard.com/english/UploadFiles/2012126142144450.jpg

Title: Re: "Vale sells four of its 19
Post by: victor radio74 on April 21, 2012, 08:29:48 AM

The Vale saga continue: Vale refuses delivery on 3 China built Valemax ,see http://www.globaltimes.cn/NEWS/tabid/99/ID/705848/Vale-refuses-delivery-on-Chinese-ships.aspx

Title: Re: "Vale sells four of its 19
Post by: Tuomas Romu on April 21, 2012, 01:15:19 PM

According to TradeWinds RSHI called the reports about Vale refusing delivery "inaccurate and unfounded

Title: Re: "Vale sells four of its 19
Post by: Jean Hemond on April 22, 2012, 12:13:27 AM

I had a look over the web the growing conflicts over iron ore for which shipping is a large part of the cost of steel. It seems that coal supply is on the long run more or less in the same situation.
Here in Quebec there is right-now quite a heated discussion over iron ore mine's infrastructures, roads, power-lines, rail-roads and harbours to be government supported. And we have a growing surplus of electricity for which we sell new dams production at a loss to large concerns. javascript:void(0);