19/06/2014at 13:17

China interested in Brazilian dry bulk collaboration

China and Brazilian mining giant Vale could be headed into a large collaboration to transport iron ore. Savings for both parties, says Drewry.

BY LOUISE VOGDRUP-SCHMIDT

China and Vale have had a series of disputes, but these were somewhat tempered last year and it now looks like they might lead to a collaboration on transporting iron ore from Brazil to the Chinese market and its ravenous appetite for this commodity, says World Maritime News, citing an analysis by Drewry.

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