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Vale strengthens cooperation with Ningbo Zhoushan Port GroupVale strengthens cooperation with Ningbo Zhoushan Port Group

Brazil’s Vale and China’s Ningbo Zhoushan Port Group have signed a memorandum of understanding (MOU) to further deepen their cooperation.

Katherine Si, China Correspondent

August 19, 2019

1 Min Read
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The MOU will see Ningbo Zhoushan Port Group and Vale seek opportunities on cooperating on the supply of Vale's iron ore products to Chinese customers. The two parties will also cooperation in the logistics and supply chain sectors.

Vale already has a 46-year long commercial partnership with China.

Mao Jianhong, party secretary of Ningbo Zhoushan Port Group, said that Shulanghu ore terminal achieved a rapid growth on the iron ore handling volume supported by Vale.

Read more: Ningbo-Zhoushan port to add three new container berths at Jintang

Currently, Ningbo Zhoushan port is the largest iron ore and crude oil transfer base in China and a storage and transit base for liquid chemicals, coal and grain. The port handled 1.08bn tonnes of cargo in 2018, an increase of 7.3% year-on-year.

Read more about:

ChinaValeIron ore

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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