Vale Mega Carrier Enters China for the First Time Since 2012 Ban

Mining Weekly reported that a giant ship carrying iron ore owned by Vale SA has entered a port in eastern China, marking its first entry since its ban in January 2012.

As quoted in Mining Weekly:

It was unclear if China had lifted its ban on the vessels to allow the Valemax to enter the port, although Vale has said it has been in talks with Chinese authorities to regain entry.

“We’ve been aware of this on Tuesday evening and already reported this to the National Development and Reform Commission and Ministry of Transport,” Zhang Shouguo, secretary general of the China Shipowners’ Association told Reuters by phone.

Click here to read the full Mining Weekly report.