Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Shougang - CVRD to build new 'Chinamax' bulkers for Asia routes

Shougang - CVRD to build new 'Chinamax' bulkers for Asia routes

Beijing: Chinese steel group Shougang has signed a proposal with Brazillian mining giant Compania Vale do Rio Doce (CVRD) for the construction of a fleet of 300,000dwt 'Chinamax' dry bulk carriers. The vessels are likely to be built at a proposed shipyard in China's Hebei province and will service dedicated routes between Brazil and China.

Construction of the 10 vessels is part of CVRD's long term plan to improve its connections with Asia and meet the increased competition from Australian mining companies. Other steps include the construction of blending and storage facilities at Coafeidian (China) - also the venue for Shougang's relocated Beijing facilities.  [20/12/06]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.