12/02/2014at 12:53

China's Valemax battle continues

The Chinese Ministry of Transport has issued new port regulations aimed at the berthing of major ships, which will likely impact the large Valemax ships.

BY KATRINE GRØNVALD RAUN

The relationship between China and the Brazilian mining giant Vale's large dry bulk vessels - the Valemax - does not look set to improve in the future. According to Seatrade Global, the Chinese Ministry of Transport has issued new regulations for the country's ports concerning the berthing of major ships, which are now allowed a max capacity of 250,000 dwt going forward.

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