Valemax enters China port for first time since ban

Brazilian iron ore miner Vale’s mega vessel Valemax entered a port in eastern China this week, according to shipping data and industry sources, marking the first entry by one of the vessels since Beijing banned them in January last year.

Vale Malaysia, measuring over 400,000 deadweight tonnes, entered the Lianyungang port in China’s Jiangsu province on Monday and left on Wednesday after unloading its cargo, shipping data and sources with knowledge of the matter told Reuters.

It was unclear if China had lifted its ban on the vessels to allow the Valemax to enter the port.

via Business feed http://www.scmp.com/business/companies/article/1217335/valemax-enters-china-port-first-time-ban