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Wall St. Journal of 14/11/12.

Rocky Bay · 2012-11-18 00:10:41

This past Wednesdays WSJ had an article on page B1 titled "Miners's Megaships Not Welcomed in China". Brazil miner Vale SA has spent about $2 billion on 35 giant bulkers of which 24 are built and most are already sailing. Chinese regulators are citing safety concerns over allowing the vessels to call at Chinese ports.…

18-11-2012 12:10am

#1

Rocky Bay

Banned (with Prison Access) Posts: 276 ✭✭

Join Date: January 2010

Posts: 239

This past Wednesdays WSJ had an article on page B1 titled "Miners's Megaships Not Welcomed in China". Brazil miner Vale SA has spent about $2 billion on 35 giant bulkers of which 24 are built and most are already sailing. Chinese regulators are citing safety concerns over allowing the vessels to call at Chinese ports. Classified as "Valemax" they are iron ore bulkers of about 380,000 dwt. Sorry, can't seem to find the link.

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