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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.

Photo: Vale

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.

The collaboration will be aimed at loading iron ore from the massive Valemax vessels to smaller ships that are allowed to enter the Chinese ports, unlike the Valemaxes. This will result in savings for both parties, due to the fact that it is much cheaper to collaborate on the process than to load iron ore on smaller barges.

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