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Yantai Port cooperates with Vale to promote iron oreYantai Port cooperates with Vale to promote iron ore

Northern Chinese port of Yantai inked the strategic co-operation framework agreement with the world’s largest iron ore producer Vale to promote iron ore product sales and explore new opportunities.

Katherine Si, China Correspondent

September 10, 2019

1 Min Read
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According to the agreement, the two parties will deepen the current cooperation and seek for new opportunities to promote Vale’s iron ore products sales including Brazilian blend fines and supply premium iron ore products to Chinese and Asian markets.

Currently, Yantai port operates the large sized iron ore terminal and facilities and could handle the very large ore carrier (VLOC). The port started to provide operational service of Brazilian blend fines for Vale in 2015.

Located at a strategic position of China's Bohai Bay, Yantai port aims to become a main Brazilian blend fines hub for China, Japan, South Korea and other Asian markets.

Read more about:

ValeIron orevloc

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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