Vale to Get $1.2bn Chinese Line

Vale to Get $1.2bn Chinese Line

Asia

Vale is getting a $1.229bn credit loan from Export-Import Bank of China and Bank of China. Proceeds will go towards the construction of 12 very large ore carriers with 400,000 dwt (Chinamax vessels) at the Rongsheng Chinese shipyard, says Vale. The c

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial