ADVFN - Advanced Financial Network.
HOME» NYSE » C » VALE Stock Price » VALE Stock News

Companhia Vale Do Rio Doce Share News

 Companhia Vale Do Rio Doce Stock Price
VALE Stock Price
 Companhia Vale Do Rio Doce Stock Chart
VALE Stock Chart
 Companhia Vale Do Rio Doce Stock News
VALE Stock News
 Companhia Vale Do Rio Doce Company Information
VALE Company Information
 Companhia Vale Do Rio Doce Stock Trades
VALE Stock Trades

Brazil's Vale: Problems with Valemax Ships in China Continue

RIO DE JANEIRO--Brazilian mining giant Vale SA (VALE, VALE5.BR) continues to negotiate for access to Chinese ports for its Valemax large iron-ore carriers, the company's director for ferrous metals said Thursday. During a conference call with reporters, Vale's Jose Carlos Martins said "difficulties in China continue," but the company was committed to using the ships in other ports around the world in an effort to reduce shipping costs, particularly to Asia. "China presents the most economically favorable situation" for the use of the Valemax ships, a class of vessels known as very large-ore carriers, or VLOCs, Mr. Martins said. Vale is currently in talks to gain access to other ports in Asia, such as South Korea and the Philippines, Mr. Martins added. "We have alternatives [to use the ships] independent of China," the executive said. The world's largest producer and exporter of iron ore plans a fleet of 35 of the super-sized vessels despite China's ban in January on the ships from entering Chinese ports. Write to Jeff Fick at jeff.fick@dowjones.com. Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
11/30/201608:34:03Report of Foreign Issuer (6-k)
11/29/201617:20:00Brazil's Vale Hopes for Samarco Mining Operations Restart in...
11/29/201616:24:36Report of Foreign Issuer (6-k)
11/29/201614:40:00Brazil's Vale Hopes for Samarco Mining Operations Restart in...
11/29/201614:34:00Brazil's Vale Hopes for Samarco Mining Operations Restart in...
11/29/201612:50:00Brazil's Vale Hopes For Samarco Restart in Mid-2017
11/29/201607:43:12Report of Foreign Issuer (6-k)
11/28/201617:16:00Brazil's Vale Proposes $250 Million Dividend; To Pay in December
11/28/201616:48:33Report of Foreign Issuer (6-k)
11/25/201617:17:44Report of Foreign Issuer (6-k)
11/25/201607:17:18Report of Foreign Issuer (6-k)
11/25/201607:00:35Report of Foreign Issuer (6-k)
11/24/201616:58:00Brazil's Vale Offers Samarco $115 Million in Short-Term Credit...
11/18/201615:20:00Brazil Judge to Hear Charges in Samarco Dam Collapse
11/18/201614:31:00Brazil Judge to Hear Charges in Samarco Dam Collapse
11/17/201617:20:00Probe Over Payments Led Rio Tinto to Fire Top Officials
11/16/201607:25:53Report of Foreign Issuer (6-k)
11/14/201606:18:24Report of Foreign Issuer (6-k)
11/11/201608:32:00Brazil Court Orders Deposit for Future Damages in Dam Collapse...
11/11/201608:26:00Brazil Court Orders Deposit for Future Damages in Dam Collapse

Companhia Vale Do Rio Doce and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US