New bulk giants could push Capesize out of key route
The Capesize vessels, which have a big impact on the rate level in the entire dry bulk industry, could be rendered superfluous when Brazil and China team up to deploy even more of the giant Valemax ships, writes Alphabulk.
BY OLE ANDERSEN
The large Capesize vessels could risk being rendered completely superfluous on one of the most important routes in dry bulk - the transport of iron ore from Brazil to China - when the even larger Valemax ships operated by Chinese shipowners presumably come to dominate the transports between the two continents in just a few years.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
First fully laden Valemax with iron ore calls in China
For subscribers
Vale achieves record iron ore production
For subscribers
China to lift ban on the major Valemax vessels
For subscribers
.jpg&w=384&q=75)
