Carlos - Martins will be eager to vale of those ships can also like him in China, free. As the Vale's executive director, global iron ore business, the past few years, he frequently travels to China, Brazil and all over the world, and the two giant ore from Australia and India medium and small mines for more Asian market. The problem is, now these ships cannot dock in china.
In April 16th, the ship published the" ban on Hong Kong Cosco, Vale route contend for" reports, which attracted the attention of Martins. He subsequently wrote a letter to the newspaper, and in the last week, accepted the exclusive interview with this newspaper, he suggests, in the hope that the ship's cooperation with China and negotiations to continue.
Economy observes a newspaper: CVRD recommended the construction of shipping plan is it? Some people worry that Vale ship will be in Brazil, China between the dry bulk shipping market form the monopoly, in this regard, Vale have any response to that?
Martins:400000 tons of Valemax is the best ore CVRD in Asia's long-term competitiveness strategy part. Our goal is, than our competitors such as Australia and India in the Asian sales" more, faster ( number ) ( reduces delivery time ), more competitive ( lower logistics cost )" ore.
Because India has announced to reduce their impact on China's iron ore supply, we think from other reliable sources, such as Brazil, locking and increasing ore supply in line with China's iron and steel enterprises.
Vale cannot form any kind of monopoly, both in iron ore, or in the field of logistics. Our company can not and will not allow the formation of monopoly. Vale is by virtue of innovation and efficiency to compete in the global market. This is the35ship of Valemax causes.
Vale will only have one of the 19ship, the other 16ships (45%) from the other world shipowner office rent. As the 16ship, vale to openly and Chinese ship-owner to discuss the19 ships in all aspects of cooperation or lease.
Economy observes a newspaper: to build the 35large-scale ship, Vale has invested much money? The current construction project progress?
Martins: the 35 Valexmax boat24 vessels are made of Chinese built:16 boats by the Rongsheng shipyard,4 boats by the STX Dalian Shipyard,4 boats by the BW Huludao shipyard. A total investment of about $3000000000to china. This will be China's shipbuilding industry and the iron and steel industry to create large numbers of jobs. With the Chinese shipbuilding factory cooperation, vale and Chinese banks opened a $1300000000financing plan. In addition,11 boats by the assembled in Korea vessels, many components are manufactured in china.
So far there have been10 Valemax running, they have been successful in the world of the six ports of loading, unloading operation, high productivity and high safety performance was fully displayed. Currently able to park Valemax fleet to port Oman, Brazil, Italy, Holland and Philippines port. Soon they will be anchored in Japan, South Korea and Malaysia port.
I believe that the owners soon realized the importance and significance of Valemax, if China does not make use of this technique progress of the benefits, it would be a great pity.
Economy observes a newspaper: the media quoted you said, CVRD plans to build100 large ships, the truth is what kind of?
Martins: some media have some misunderstanding. In April 11th, I hope that as a result of vale to Asian export ore quantity is 2tons, so the Asian market can accommodate more than100type Valemax vessel.
As a result of each vessel type Valemax ship each year from4to1500000, Asia transport tons of ore, so according to the actual volume calculation, shall require 130Valemax type vessel. But Vale are currently planned only for the 35ship efficient ship. Relative130 ships,35ship means that the ship would not constitute iron ore transport monopoly.
I did not say that China stop limit after the lifting of the ban, vale to build100 ships of type Valemax vessel. I only express market dimensions sufficient to accommodate100 vessels of this large, efficient vessel.
Economy observes a newspaper: how do you comment on the ship in the Chinese port of call to the situation?
Martins: the ship is not allowed in the construction of anchor seems to be a contradiction. This new generation of ship design process, the port is able to accept them is a key problem. This is why Vale has made great efforts to consult the relevant port sector, to ensure that the new ship can they accept.
Many of China's dry bulk cargo port in the world leading position, they are designed and built to be capable of coping with400000tons of the ship. The shipyard and the port has proved that these ships in China water and safe operation, and has broken the world record ( unloading) efficiency.
The Chinese Ministry of the new regulations made us surprised. Because anywhere in the world, make by the government sector it very rare. In most countries, usually by port according to their own conditions to make such a decision; and until 13document issued before, China also is such. To our surprise, the Ministry of communications 13file means in Chinese design, build and launch Valemax ship cannot be docked in china. The 450000ton tanker can be docked, and400000 tons of ore boat is limited.
Economy observes a newspaper: vale in the ship had and include COSCO, Chinese ship-owner seek cooperation, but why gave up and they negotiate?
Martins: in 2008, we have senior management staff with COSCO Shipping cooperation that had a very active discussion. We even drafted and COSCO comprehensive memorandum of understanding. However, after far did not respond to a clear position, this memorandum was signed. In 2011 the US once again to the far proposed cooperation, but their proposal looks than current market freight to be expensive.
I would like to reiterate, vale to fully understand and respect of such a situation, we will need to discuss with the relevant departments of China Vale-max. In this way, we hope to be able to with the relevant ministries and any other relevant departments to contact, and they provide further facts and details, which we hope will make relevant stakeholders to see benefit.
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