A Valemax bulk carrier belonging to the Brazilian company CVRD has entered a port on China’s West Coast for the first time since the start of 2012. To prevent ‘disloyal competition’, the Chinese government banned all further calls from such vessels as of the end of January 2012. However, the 400,000dwt Vale Malaysia was allowed to recently make use of the port of Lianyungang, after having discharged a consignment of iron ore.

Barry Cross