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.

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