Author Topic: "Vale sells four of its 19  (Read 8019 times)

Offline Robert McDonald

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"Vale sells four of its 19
« on: December 21, 2011, 09:09:16 PM »

Offline peterredd

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Re: "Vale sells four of its 19
« Reply #1 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
Just love ships

Offline Mats

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Re: "Vale sells four of its 19
« Reply #2 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

Offline Mats

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Re: "Vale sells four of its 19
« Reply #3 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

Offline Mats

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« Last Edit: December 29, 2011, 08:18:54 PM by Mats »

Offline Mats

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Re: "Vale sells four of its 19
« Reply #5 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

Offline victor radio74

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Re: "Vale sells four of its 19
« Reply #6 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

Offline Tuomas Romu

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Re: "Vale sells four of its 19
« Reply #7 on: April 21, 2012, 01:15:19 PM »
According to TradeWinds RSHI called the reports about Vale refusing delivery "inaccurate and unfounded

Offline Jean Hemond

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Re: "Vale sells four of its 19
« Reply #8 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);

 

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