Bloomberg News

Vale Says Large Vessels Will Moor in China When Law Allows It

February 02, 2012

Feb. 1 (Bloomberg) -- Vale SA said its large vessels, which are able to carry about 400,000 metric tons of iron ore, will only operate in Chinese ports when the country’s laws allow it, according to an e-mailed statement.

Vale said its plans to receive 29 ships which are already being built, including 17 in Chinese shipyards, have not changed, according to the statement.

To contact the reporter on this story: Fabiola Moura in New York at fdemoura@bloomberg.net

To contact the editor responsible for this story: Felipe Frisch at ffrisch1@bloomberg.net


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