Independent journal on economy and transport policy
13:53 GMT+2
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COSCO Shipping lowers signs an agreement in the long term with Is worth for the iron mineral transport
Previewed the boarding of a annual volume of 16 million tons for 27 years
March 18, 2016
Today to Beijing the new shipowning society Lowers COSCO Shipping Corporation, been born a month ago from the fusion of Chineses COSCO and Lowers Shipping ( on 18 February 2016), an agreement in the long term for iron the marine mineral transport has undersigned with the Brazilian mining group Is worth. The understanding is signed by the president of the Chinese company, Xu Lirong, and from the managing director of the South American group, Murilo Ferreira.
The understanding previews that in next the 27 years the ships of the Chinese group transport per year about 16 million tons of iron mineral on behalf of Vale.
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