Vale

Vale: «Μάχη» με το βλέμμα στην κανονικότητα

Το τραγικό δυστύχημα του Ιανουαρίου φαίνεται πως επηρεάζει, εν μέρει, ακόμη τις δραστηριότητες της Vale.

Ο βραζιλιάνικος μεταλλευτικός κολοσσός ανακοίνωσε ότι η παραγωγή του σιδηρομεταλλεύματος αυξήθηκε το γ΄ τρίμηνο του έτους, καθώς συνεχίστηκε η λειτουργία πολλών ορυχείων που είχαν αναστείλει την παραγωγή τους λόγω της κατάρρευσης φράγματος στο Brumadinho.

Πιο συγκεκριμένα, το εν λόγω διάστημα η Vale παρήγαγε 86,7 εκατ. τόνους iron ore, σημειώνοντας σημαντική αύξηση 35,4% σε σχέση με το β΄...

https://www.naftikachronika.gr/2019/10/19/vale-machi-me-to-vlemma-stin-kanonikotita/

DryBulk FFA Market: More Headwinds in Q2 Despite Brucutu Mine Restart

  • Trade participants expect the restart of the 30 million mt of iron ore per year Brucutu mine to affect the market much later with more cargoes available in June 2019.
  • Despite the restart, Vale still maintained its production guidance unchanged at 307-332 million mt for the year.

Capesize market is expected to face more headwinds in Q2 2019, despite some market optimism in Vale’s restart of Brucutu mine, according to an article published by Freight Investor Services.

Fewer cargoes for Capesize
  • Th...

http://mfame.guru/drybulk-ffa-marketmore-headwinds-in-q2-despite-brucutu-mine-restart/

Freight Rates Get a Boost From Brucutu Mine Restart

  • Capesize rates saw an improvement after Vale’s announcement to restart Brucutu mine after it was affected by cyclone Veronica.
  • Capesize 5-time charter average recorded $6,209 on Wednesday, 17 Apr 2019, up to $218 day-on-day and up to $304 from Monday’s rate at $5,905.
  • Panamax time charter average posted $9,172 on Wednesday, up to $224 day-on-day and up to $443 from Monday.
  • Supramax time charter average went up slightly to $8,122, up to $78 day-on-day, while Handysize had a quiet week and went...

http://mfame.guru/freight-rates-get-a-boost-from-brucutu-mine-restart/

Weekly World Business Update – Vale Brucutu Operations, Panama Restrictions

According to an Alibra Shipping article, the shipping industry is affected by certain business and market changes recently which includes situations such as Vale’s Brucutu Mine operations, Panama Canal restrictions, high oil prices, and Chinese economy improvement. Here’s an insight on that and how it can affect trade in the coming days.

Vale Brucutu Mine Operations Likely To Resume

Vale has said that it expects to resume operations at it’s Brucutu mine within 72 hours after a securities filing...

http://mfame.guru/weekly-world-business-update-vale-brucutu-operations-panama-restrictions/

Vale ordered to halt operations at two more dams

A Brazilian court has ordered Vale SA, the world’s largest iron ore miner, to suspend operations at two more dams. The court demanded the company to prove the structures are stable, as part of a series of such orders forcing Vale to halt operations, following an accident in the company’s facilities in January that killed about 300 people.

On 25 January, Vale’s dam collapsed releasing a huge mudslide that killed hundreds of people and forced dozens out of their homes, in the town of Brumadinho....

https://safety4sea.com/vale-ordered-to-halt-operations-at-two-more-dams/

Drybulk FFA Market: Vale’s Woes Continue to Dull Capesize Rates

  • Vale has reached an agreement with Brazilian authority to resume operation of four previously halted pellet plants in Tubarao, Brazil.
  • It is expected to suffer a shortfall of 40 million mt per year in its iron ore output from the decommissioning of its ten dams.
  • Capesize 5-time charter average has bagged spot price of $7,342, up $58 day-on-day basis.
  • Panamax remained unaffected by capesize while Supramax emerged as a strong contender with $5,634.

The return of Chinese trade participants from...

http://mfame.guru/drybulk-ffa-market-vales-woes-continue-to-dull-capesize-rates/

+ More