Vale’s VLOC docks at Lianyungang Port

One of Vale’s ore carriers, Vale Malaysia, docked at Lianyungang Port on Monday April 15, becoming the first 400,000-deadweight-tonne VLOC (very large ore carrier) to be received at a Chinese port.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The vessel carried 223,000 tonnes of iron ore, a source in Shanghai told Steel First.

“The vessel reached the Subic Bay in the Philippines on April 5 and unloaded 170,000 tonnes out of its total 402,285 tonnes of Brazilian iron ore before it set out for China,” he added.

A source at Vale told Steel First that he was not aware of a VLOC docking at a Chinese port.

“Lianyungang Port could only handle ships of no more than 250,000-300,000 dwt. Maybe the VLOC’s unloading at the Subic Bay made the docking at Lianyungang possible,” an industry analyst in Beijing said.

This is not the first time that a VLOC has docked at a Chinese port without the country’s official permit.

In December 2011, Berge Everest, a 388,000-tonne VLOC loaded with Vale iron ore, docked at China’s Dalian Port.

The world’s largest iron ore miner is looking to cut freight costs by using the mega carriers, which can ship up to 400,000 tonnes of iron ore.

Its $4-billion plan for a 35-vessel fleet is taking shape.

What to read next
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed