China to lift ban on the major Valemax vessels

The Chinese authorities now look set to end the ban on mining company Vale's biggest dry bulk vessels of up to 400,000 dwt. For more than three years the ban has prevented Valemax vessels from calling in Chinese ports.

Photo: Vale

It now looks like the Brazilian mining giant Vale will once again be able to send its major Valemax dry bulk vessels to China.

The Chinese authorities have announced plans to lift the ban on the mega dry bulk vessels, of up to 400,000 dwt, which will thus be able to call in four of the country's key ports, according to Reuters.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DNB Markets says oil price could hit USD 100 a barrel

An optimistic scenario could see the oil price go above USD 100 per barrel, DNB Markets forecasts in its latest oil market report. It won’t take much for it to happen, oil analyst Helge André Martinsen says to ShippingWatch.

Cadeler secures two new deals

Shipping line Cadeler, which operates wind installation ships, lands two new deals, one with Vestas, the other with an unnamed customer.

Container reliability hit new low at the end of 2021

Schedule reliability in the container industry set a new negative record in December 2021 with one route in particular hit hard with an on-time arrival rate of only 10 percent, show figures from Sea-Intelligence. Problems in supply chains are still ”a huge burden,” says Hapag-Lloyd.

Further reading

Related articles

Latest news

See all jobs