China Cosco Group has sealed a bumper order to build 10 valemaxes at Shanghai Waigaoqiao Shipbuilding (SWS), closely following a similar order placed by China Merchants Energy Shipping (CMES) last week.

Shanghai Waigaoqiao Shipbuilding (SWS) and Qingdao Beihai Shipbuilding Heavy Industry have landed an order to each build four VLOCs worth a total of $680m from China Merchants Energy Shipping (CMES).

Pan Ocean has entered into a long term contract of affreightment (COA) with Brazil’s state mining giant Vale to ship iron ore from Brazil to the Asian region including China and Malaysia.

China Merchants Energy Shipping (CMES) has sealed a long term 27-year charter contract to transport iron ore for Brazil's state mining giant Vale, following an earlier similar deal made by Coscocs.

Newly formed conglomerate China Cosco Shipping Corporation (Coscocs) has sealed a 27-year-long contract to carry iron ore for Brazil’s state-owned mining giant Vale.

The board of China Merchants Energy Shipping (CMES) has approved plans to order 10 VLOCs on the back of a charter deal with Brazil’s mining giant Vale.

China Merchants Energy Shipping (CMES) has entered into a 20-year contract of affreightment (COA) with Brazil’s mining giant Vale, using the 390,000 dwt mega-sized VLOCs.

China Shipowner’s Association (CSA) will “closely monitor” the approval by Beijing on valemaxes calling at Chinese ports, especially in the area of protecting the interests of local dry bulk shipowners, according to its executive vice chairman...

China Merchants Energy Shipping (CMES) has established a wholly-owned subsidiary that will own and operate four 400,000 dwt VLOCs acquired from Brazil’s mining giant Vale.

China Merchants Energy Shipping (CMES) and Vale have confirmed a deal for the latter to sell four of its 400,000 dwt VLOCs to the former under a deal worth $448m.