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400,000 tonnes dead weight - Vale's massive ore carriers suffer new setback

Frik Els | April 15, 2012 | 7:20 pm Asia China Europe Latin America Iron Ore 

Steel Guru reports according to vessel tracking data compiled by Bloomberg, two of Vale's massive Valemax ore carriers – Vale China and Vale Brasil – were idle in Subic Bay, Philippines for just under a month  transferring cargo to smaller ships...

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