China's ministry of transport has issued new port regulations touching on berthing rules for larger vessels, limiting them to a maximum of 250,000 dwt in capacity.
China Rongsheng Heavy Industries has won an order to construct up to six very large ore carriers (VLOCs) for Hong Kong-based Ocean Line Holdings.
Oman Shipping Company (OSC) has inked a OMR137m ($355.8m) loan with two local banks to fund the purchase of four VLOCs, the company announced in a statement.
The Port of Rotterdam is seeing calls from the world's largest containership, bulker and oil tanker today, in what the port has dubbed the “week of the giants”.
China-based Guangzhou Shipyard International (GSI) won a deal to build two VLOC for Chinese steel firm Henghou Group.
Rio de Janeiro: Vale lowered cargo volumes and therefore draught to accommodate Chinese regulations when Vale Malaysia called at Lianyungang earlier this month.
