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.
And this is problematic for the giant Valemax vessels of 400,000 dwt. The new regulations could be a response to the fact that two Valemax ships in 2011 and 2012 berthed in Chinese ports, events that resulted in objections from the Chinese shipowners' association (CSA).
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