Perak : It will likely start in July or August IPOH: Brazilian mining giant Vale International SA's construction costs in its ironore transshipment project will be between RM9bil and RM14bil over a fiveyear period, and the project will likely start in July or August this year, said Perak Mentri Besar Datuk Seri Dr Zambry Abdul Kadir.
Home / Shipping News / Port News / Malaysia's transshipment revamp to help ports compete with Singapore Malaysia's transshipment revamp to help ports .
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Jan 26, 2012· Vale is also setting up a transshipment centre in Malaysia as an alternative to Chinese ports. The Brazilian miner in October broke ground for a billion iron ore distribution centre in ...
Valemax ships are a fleet of very large ore carriers (VLOC) owned or chartered by the Brazilian mining company Vale to carry iron ore from Brazil to European and Asian ports. With a capacity ranging from 380,000 to 400,000 tons deadweight, the vessels meet the Chinamax standard of ship measurements for limits on draft and beam .
China to Keep Ban on Valemaxes in New Port Rules ... effectively keeping a ban on Brazilian miner Vale's huge iron ore vessels in place since January 2012. ... the miner set up a transshipment ...
Jan 30, 2012· Vale is also setting up a transshipment centre in Malaysia as an alternative to Chinese ports. The Brazilian miner in October broke ground for a billion iron ore distribution centre in Malaysia's northern Perak state, which could be ready to handle the giant ships by 2014.
The transhipment project is only a shortterm measure; over the long term, Vale will develop an iron ore complex including its own jetty in Lumut. The two brothers hold a combined 37% stake in Integrax through Halim Rasip Holdings.
Two months ago the 2012built, 402,285 dwt Vale Malaysia docked at the northern China port after having discharged about one quarter of its cargo at the transshipment hub of Subic Bay in the Philippines so that she entered the (forbidden, for supposed safety reasons, to 350,000 dwt vessels) waters of the world's largest iron ore consumer as a 299,252 dwt only bulk carrier.
May 30, 2013· 22 Apr 2013 . Vale Malaysia Minerals Sdn Bhd. Vale is . In Malaysia, Vale is in the midst of setting up a regional distribution center located in Lumut, Perak. Vale Malaysia Minerals Sdn Bhd – Malaysia. 24 Apr 2013 . Vale Malaysia Minerals Sdn Bhd . midst of setting up a regional distribution center located in Lumut, Perak.
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Brazil's Vale, the world's largest mining company after BHP Billiton and the largest iron ore miner, has seen its share price fall precipitously since the start of 2012. For the yeartodate (YTD), its share price is down by over 13%, but it is up by almost 14% since I last wrote on Vale in early October of this year.
One of Vale's giant iron carrier docks at Brazilian company's transhipment facility in Malaysia.
Jun 05, 2014· Valemax Shipping Routes to Asia. The start of operations at a new floating transshipment station in the Philippines' Subic Bay, designed specifically for Valemax vessels en route to major East Asian consumers, also aided Vale's position in China. Vale has since added a second floating transshipment station in the Philippines and is developing a third in Malaysia.
Vale is also setting up a transshipment centre in Malaysia as an alternative to Chinese ports. The Brazilian miner in October broke ground for a iron ore distribution centre in Malaysia's northern Perak state, which could be ready to handle the giant ships by 2014.