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Vale, the largest producer container store san diego in the world iron ore, is accused of boycotting ships of the China Ocean Shipping to protest the ban on meganavios the Brazilian miner. Chinese state company, the largest bulk cargo carrier in the country ships, showed container store san diego concern over the attitude container store san diego of the company, since it can bring great impact on operations.
Therefore, the Chinese company, known as Cosco, is considering filing a complaint with the Ministry container store san diego of Commerce, he told its president, Ma Zehua, in an interview yesterday in Beijing. He said Vale has avoided the Cosco fleet for about two months, even if it means using more expensive ships.
Zehua criticized the mining measurements, classifying them irrational. "We container store san diego believe that your decisions are based on the idea that Cosco is lobbying and pressuring the government not to allow the Valemax [meganavios the mining] at Chinese ports," said the president of the state of China.
Vale stressed that "China container store san diego respects the sovereign decision on the matter." The miner sold in the first quarter 47% of iron ore and pellets to Chinese container store san diego customers. container store san diego In turn, Cosco ships rates in the same period - which are about half the size of meganavios Valley - were the lowest container store san diego since at least 2000. The company posted a loss in the first three months of $ 430 million .
Cosco showed concerns about the Valemax, which are almost as big as the Bank of America Tower in New York, Zehua said. The plan of the Brazilian mining company is to invest at least $ 8 billion in a fleet of 35 meganavios.
According Zehua, "the ship that carries 400,000 tons of iron ore designed container store san diego and built by Vale is not safe." For him, over the next few years we will see an increasing number of security issues.
This entry was posted in Business, Maritime Industry, Merchant Marine, Technology and tagged Brazil, China, China Ocean Shipping, container store san diego Cosco, Bulk Carriers, Iron Ore Valley Valemax. Save permalink.
What is the Chinese ... found that Vale would stand still without retaliating the attitude taken by the Chinese? ... The truth is that one needs a lot of each other and do not reach an agreement, both sides will lose in this endeavor ... the Chinese have a trick bitch in VALE preventing container store san diego it from operating the mega-ships after they have already invested a strong money and now complain that Vale does not use their ships ... .like the market and open and the product and her, she has the right to use the ship she wants, or to pay more dearly for it ... .Acho the attitude of very correct ... VALE even have to retaliate to force guys to negotiate ... .so who was carried away a leg without fighting back was the "peace Lulinha and love "... ..The company container store san diego when and would have to fight back but even out of respect for shareholders' money !!!
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