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Vale claims clearance for valemaxes to call at Chinese ports

Vale claims clearance for valemaxes to call at Chinese ports
Beijing: The world's largest dry bulk carrier valemaxes will be able to call at Chinese ports in 2013, according to Jose Carlos Martins, executive officer for ferrous minerals operations and marketing for Vale, Brazil's mining giant, reports said.

The Vale official did not provide further details of potential reverse in policy from China regarding the 400,000-dwt valemaxes.

Beijing had denied valemaxes from anchoring at Chinese ports, citing safety concerns. At the same time, Chinese shipowners have vociferously protested against Vale's use of the super-sized bulkers, claiming the mining firm is trying to gain monopoly over the seaborne dry bulk trade.