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Wheel dock fruitless negotiations Vale to sell the ship to save themselves?

Vale do not want to do shipowners

These agreements confidential, fee cloud Asia did not disclose the name of the Chinese buyers.

June 26, close to Vale, a senior who introduced to the "Daily Economic News" reporter, before the document issued on the 13th, some Chinese shipowners have conducted negotiations, Vale interested in buying part of and long-term lease to Vale, after the issuance of documents in the 13th, some shipowners would like to see the file meaning to say, equal to the negotiations has slowed down. "

Under the plan, the end of 2013, 35 Valemax will be delivered for use. Among them, the Vale has 19 Valemax. Only 15 Valemax is in use.

These people explained that the 15 Valemax, except in part by the Vale, while others belong to three international shipowners (from Hong Kong, China, South Korea and Oman), "Vale is the ideal state is 35 ships transferred to the owner, but it was by freight and other factors, some shipowners do not want to do, so there are 19 ships and ultimately by the Vale. "

It is reported that the end of January this year, the Ministry of Transport issued a notice requiring the port to accept the ship berthing beyond design specifications must mention to the Ministry of Transportation an application approved to enter the harbor stops. This means that the Vale of 400,000 tons ship will temporarily not be calling at Chinese ports.

Vale in accordance with the idea to do the main business of the shipowner is not Vale, its main energy to do the ore. Whether own or resell the owner, 35 the ship will be normal operation.

"No. 13 the Valemax berthing Chinese port restricted, but the ship ore transported from Brazil to Europe, the Middle East and the Philippines, and soon they will transport the ore to Malaysia and other countries." Vale responded by saying.

"Daily Economic News" reporter learned that the latest, following and Steel Association China Shipowners' Association, communication and exchange, CVRD still trying to meet with China's transport sector, but there is still no clear below.

Mining companies play the "Customer battle

It is understood that the Vale Construction Valemax goal is to improve logistics efficiency and reduce the disadvantage of distance. "Our goal, with competitors such as Australia and India, faster, more competitive way to sell more high-quality iron ore."

Vale of the current embarrassing situation of self-evident. Vale does not sell vessels will occupy the capital, even if it is in China's neighboring countries to establish a transfer station, or will increase transportation costs, Vale of short board is still unable to make up. "Lange Iron and Steel Research Center, Zhang Lin to the" Daily Economic News "the reporter said.

It is reported that, with Australian miner Rio (Rio Tinto and BHP Billiton), CVRD is currently at a competitive disadvantage. Now, in the face of competition and the game of Chinese demand continued to slump, mining companies is increasing.

The foreign media reported that the world's second largest iron ore producer Rio Tinto has announced it will invest $ 3.7 billion ($ 3.64 billion) expansion of large-scale iron ore mining in Western Australia's Pilbara (Pilbara).

Rio Tinto CEO Tom Albanese (Tom Albanese) said in a statement, "Today this initiative in line with our long-held, long life, low cost of investment in mining an asset strategy, but also with the economic outlook the same view. "

Zhang Lin believes that "for the supply of iron ore miners or interested in China's strong demand expansion with confidence. In the end, only make the miners fierce competition for customers, each other on price."

For this trend, Vale, also known as Valemax will increase competition in the Chinese iron ore market, freight critical to the stability of the mining companies and steel mills, "Australian ore freight advantage is expected to be weakened, resulting in the Asian iron ore market price competition is more intense. "


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