Monday, February 23, 2015 10:57:10 PM
the domestic chinese iron ore assoc's were successful in getting the govt to block vales 400k ton ships for a long time as posted before-and when china finally approved the 400k ton ships the domestic chinese ore assoc was taken by surprise because they thought they had the chinese ministers in their pocket
1st such vale ship actually had problems and vales own port was not then even deep enough for it -72-75 ft draft-not 1 port in the world could receive ships of that draft then- partly why vale transferred to smaller ships before ore finished trip to china
smaller vale ships have of course been allowed in the past- i wasnt the one who claimed the chinese ship assoc was carrying vales ore from brazil
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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