Best Regards, Dragan Velkov VLOC - Subsidiary of II-VI, Inc. 7826 Photonics Drive New Port Richey, FL 34655 Tel. The V-Loc wound closure device is a revolutionary barbing technology that closes wounds securely without the need to tie knots. After unloading at Sohar, the ship headed to South Korea for dry docking and arrived at STX shipyard in Jinhae, where it was delivered in September 2011, for inspection and repairs on 21 April 2012. Containers were lost by MAERSK ESSEN en route from Xiamen to Los Angeles, the ship took a sharp turn southeast after crossing this area. The vessel is 362 m long, by 65 m breadth and 30.4 m in hull depth. A Chinese shipyard has delivered an ultra-large ore carrier (VLOC) designed to transport iron ore between Brazil and China. [74], In December 2016, the Japanese shipping company NS United ordered a single 400,000 DWT very large ore carrier from Japan Marine United after signing a 25-year contract with Vale. However, the lure of ever larger ships has proved irresistible, although the concern has always been that an owner buying such a vessel will have trouble trading it with far fewer ports available to load and to discharge. In 2008, Vale placed orders for twelve 400,000-ton Valemax ships to be constructed by Jiangsu Rongsheng Heavy Industries (RSHI) in China and ordered seven more ships from South Korean Daewoo Shipbuilding & Marine Engineering (DSME) in 2009. [150], In May 2012, the largest Chinese operator of dry bulk carriers, state-owned China Ocean Shipping (Group) Company (COSCO), claimed that Vale had refused to use the company's ships since March as a protest against banning the Valemax vessels from Chinese ports. [53] While both of the two remaining ships were supposed to be delivered by the end of 2013, only Vale Maranhao entered service on 29 August. This isn’t the first VLOC, very large ore carrier, to sustain hull failure after cargo loading. [153], Luiz Inácio Lula da Silva, the former president of Brazil, also publicly criticized Vale's former CEO Roger Agnelli for the decision of ordering ships from Asian shipyards instead of building them in Brazil, where Lula da Silva has been trying to revitalize the shipbuilding industry to create more jobs and increase local demand for steel and other products. The largest bulk carriers ever built, the Valemax vessels have seven cargo holds with a total gross volume of almost 220,000 cubic metres (287,749 cu yd). Newbuilding prices increased by some 10% during the year regardless of vessel size and type, even for tankers, which were less in demand. USA. If the 400,000-ton Valemax vessels are allowed to Chinese ports, Vale's monopoly on the route may result in losses for other shipping companies operating capesize ore carriers. As a result, Vale decided to sell the ships and charter them back under long-term contracts. Additionally, a number of Valemax vessels have been renamed by replacing Vale with Ore or Sea but retaining the second part of the name. The Chinese shipbuilder's ability to deliver any of the very large ore carriers ordered by Vale in time was doubted already before the first ship was built. Peter Sand adds:” The average size of a converted VLOC is 275,000 DWT. Bulk carriers come in all sizes, from the smallest ships of only a few hundred tons deadweight to the largest of over 360,000 tons, 340 metres or more in length, 63 metres in beam and with draughts of 23 metres. External links. [6][32][33], In April 2012, it was reported that Vale had refused delivery for three Valemax ships recently completed by Jiangsu Rongsheng Heavy Industries. Although initially scheduled for delivery in 2010, the first vessel, Berge Everest, was delivered on 23 September 2011. [92][93] On 15 April 2013, Vale Malaysia became the first 400,000-ton Valemax vessel to call a Chinese port. Malaccamax is the term used for largest size of ship which is capable of passing through the Strait of Malacca. This type of vessel is specially designed to carry woodchips, the raw material for paper. [44], In addition to the ships Vale ordered for itself, more ships of similar size were to be built for other shipping companies and chartered to Vale under exclusive long-term contracts. [22] Initially the ships were to be named Jazer, Yanqul, Al Kamil and Wafi,[23] but instead they will be named Vale Liwa, Vale Sohar, Vale Shinas and Vale Saham. It is hoped that eventually they will take cargoes from Brazil to China and have been christened "Chinamax" ships. When Vale signed a $500 million contract with the Chinese shipping company Shandong Shipping for the operation of four Valemax vessels, the ships were given new names beginning with Shandong. Up to the minute maritime business and corporate news from one of the oldest and most esteemed industry newsletters [61] The remaining ship, Berge Neblina, was initially also scheduled to be delivered in 2012, but entered service on 4 January 2013. Size matters and scale economies count in every form of shipping, and it makes a lot of sense in the dry bulk trades, where enormous quantities of iron ore need to be carried on extended ocean passages from ports near where ore is mined, to those near the steel mills that will use the cargo. [97], On 7 September 2013, Vale Indonesia ran aground on a sandbar about 40 nautical miles (74 km; 46 mi) north of São Luís. The first Valemax vessel, Vale Brasil, was delivered in 2011. The vessel FMG NICOLA (IMO: 9747778, MMSI 477692300) is a Bulk Carrier built in 2016 (4 years old) and currently sailing under the flag of Hong Kong. The first Q-Max LNG carrier, Mozah, was built in November 2007. [100] Later that month, a 25-year freight contract was signed between Vale and China Merchants Group. The shipping company, STX Pan Ocean, signed a 25-year contract with Vale in 2009. [134], Like most modern bulk carriers, Valemax vessels are powered by a single two-stroke low-speed crosshead diesel engine directly coupled to a fixed-pitch propeller. [57] The unfinished vessel was completed by the Chinese shipyard Shanhaiguan Shipbuilding and named Sea Ponta da Madeira. The vessel has overall length of 333.00 m and length between perpendiculars of 324.00 m, while the moulded beam is 60.00 m and depth is 29.10 m. The maximum summer draft of the crude […] A fictional ship in the movie Gift Horse on a one-way mission in World War II to destroy a German-held dry dock in France; based on HMS Campbeltown and the St Nazaire Raid.The USS Twiggs was turned over to the Royal Navy in 1940 to become HMS Leamington.From 1944-1949, she served under the Russian flag, then was returned to Great Britain in 1950 where she … Panamax Dimensions. [126] Similarly, when four Valemax vessels were sold to China Ore Shipping, the vessels were given names beginning with Yuan and ending with Hai. The new Valemax ships, expected to cut the company's transportation costs by 20–25%,[143] were blamed for driving down the freight rates for the entire industry, swelling the already oversupplied bulk transportation market and stalling the recovery of the shipping business after the financial crisis. Marine & Logistics, part of the Commercial Group, was established in 1996 to provide ocean freight services to the Rio Tinto Group. The main iron ore ports in the world in Australia, South America, South Africa and Canada are sufficiently deep to enable these Capesized vessels to load, and the terminal equipment is sized for their dimensions. Shipowners sought to take advantage of low asset prices in early 2018 and many returned to the shipyards, but owners were equally active on the second hand market (110m dwt in sales in 2018 versus 132m dwt in 2017). While the Wakashio was this year’s most high profile casualty there were plenty of other ship write-offs making headlines such as the Stellar Banner VLOC, which grounded off … [34] However, the reports were rebutted by RSHI, who called them "inaccurate and unfounded". [113] Vale Beijing remained anchored off Ponta da Madeira with a crawler crane on the deck and an oceangoing tug standing by[114] until 19 February 2012, when it left São Luís for Oman. The size of VLCCs, see Fig. Dorian LPG (USA) LLC 27 Signal Road, Stamford, Connecticut 06902 USA Tel: +1 203-674-9900 These vessels are often associated with Very Large Crude Carriers (VLCCs), though a specific assignation to their ship size has been annotated. [99], In September 2014, Vale signed a framework agreement for strategic co-operation in iron ore shipping with the state-owned China Ocean Shipping (Group) Company (COSCO). [30][31] In the end only, one ship (Vale China) was delivered before the end of the year. The very large crude carrier (VLCC) Hakusan was built in 2011 by Mitsubishi Heavy Industries in their shipyard in Nagasaki, Japan. [43] The last Valemax ship to be built by DSME, Vale Korea, was delivered on 9 April 2013. Jan 17:Up to 100 drifting containers reported drifting NW of Honolulu, on Jan 17. [36], Vale Brasil was followed by Vale Rio de Janeiro on 22 September 2011,[39] Vale Italia on 25 October 2011,[40] Vale Malaysia on 27 March 2012,[41] Vale Carajas on 29 May 2012,[42] and Vale Minas Gerais on 13 July 2012. While the draft of the old vessel is the same as that of the Valemax vessels — 23 metres (75 ft) — the new ships are 20 metres (66 ft) longer and 1.5 metres (4.9 ft) wider than the old freighter, and can carry about 10% more cargo. [62][63][64], Had Vale not ordered the Valemax fleet in 2008, these ships would have become the largest bulk carriers in the world, surpassing Berge Bulk's own Berge Stahl. Her deadweight tonnage is 402,347 tons. Figure 4.13: Font size set a few options higher than default [106], On 5 December 2011 it was reported that Vale Beijing, operated by STX Pan Ocean, had suffered structural damage during her first cargo loading and was in danger of sinking at the port of Ponta da Madeira in Brazil due to sea water entering ruptured ballast tanks and cargo holds. The current position of CMA CGM SCANDOLA is at China Coast (coordinates 21.90509 N / 114.44602 E) reported 13 hours ago by AIS. In the past, the Chinese ports were not allowed to increase their capacity to more than 300,000 tons for dry bulk carriers due to safety and environmental concerns. [59] It was followed by Berge Aconcagua on 15 March 2012[60] and Berge Jaya on 12 June 2012. [89], On 31 January 2012, the Ministry of Commerce of the People's Republic of China officially banned dry bulk carriers with capacity exceeding 300,000 tons from entering Chinese ports in order to protect the domestic freight industry. Capesize ships are commonly used in transportation of coal, iron ore and commodity raw materials. New Panamax classification of ship sizes denotes those kinds of cargo ships that have been built in accordance with the new locks of the Panama Canal. [81] There had been speculation that Vale Brasil was not allowed to enter the Chinese port fully laden, but according to Vale the destination was changed due to commercial, not political reasons. [130][131][132] In ballast the ships draw around 12 metres (39 ft) of water. Welcome! (6:38) What are different general bulk carrier Sizes? Agnelli, who later left his position following continued criticism, replied that the Brazilian shipyards did not have the capacity to build such ships and stated that during the past few years Vale had commissioned 51 vessels from Brazilian shipyards. : (727) 375-8562, ext. As part of the agreement, the Chinese shipping company will construct 10 new very large ore carriers to transport iron ore from Brazil to China. [148] When Vale Brasil was diverted to Italy on her maiden voyage, there was speculation that the domestic steel industry of China had urged the authorities to protect their commercial interests. Valemax ships are the largest bulk carriers ever constructed, when measuring deadweight tonnage or length overall, and are amongst the longest ships of any type currently in service.[1]. Ltd, a joint venture between COSCO and China Shipping Development Company, for US$445 million. Les écluses du canal font 33,53 mètres de large, 320,0 mètres de long et sont profondes de 29,5 mètres. [68] China COSCO Shipping Corporation awarded the construction of all of its ten 400,000-ton ore carriers to Shanghai Waigaoqiao Shipbuilding. The majority of the information presented below has been compiled from various sources either from the internet or through personal day to … However, because of the global economic downturn and the reluctance of Chinese ports to accept the fully laden ships, the new board of directors decided to focus capital allocation to mining. 1, is nor-mally within the deadweight range of 250,000-320,000 dwt, and the overall length is typically 315-335 m, making these vessels some of the largest ves- sels in commercial trade. [121] The ban was officially lifted in July 2015 as China's transport ministry and National Development and Reform Commission announced that four ports would be opened up for 400,000-ton vessels. [120] In January 2012 China officially banned the vessels from Chinese ports. [44][129][135][136] However, due to the large size of the vessels the emissions per cargo ton-mile are very low and thus the Valemax vessels are in fact among the most efficient long-distance dry bulk carriers in service – Vale has reported a 35% drop in emissions per ton of cargo carried in comparison to older ships. It also demonstrated the clear competitive advantages the Fortescue VLOC design had over conventional Cape Size or Vale Max vessels. [19] The twelfth and last Valemax vessel of the original order by Vale, Ore Ningbo (renamed before delivery), was delivered on 23 January 2015.[20]. Eight very large ore carriers were ordered from the South Korean shipbuilder STX Offshore & Shipbuilding in Jinhae, South Korea (STX Jinhae), and Dalian, China (STX Dalian). While the first series of 35 ships was more diverse, all 30 Chinese-built Valemax vessels of the second series are based on the same standard design, SDARI 400OC, by Shanghai Merchant Ship Design & Research Institute (SDARI). China: RSHI Launches World’s Most Advanced VLOC for Iron Ore Supplier Vale, CHIA RONG : China Rongsheng Heavy Industries' 400,000 DWT Vloc Named and Launched – Lowers Cost for Vale and Forges Long-Term Cooperation, First Vlocs to be Delivered Soon, Vale gets 1st China-built mega iron ore carrier, market shudders, With China shut, Vale iron-ore ships head to Philippines, Sultanate and Brazil, Agreement to Lease four ships for Steel Ore, Jiangsu Rongsheng Signs US$483 Newbuild VLOC Deal With Oman Shipping, RSHI’s 400,000 DWT VLOC Began Construction, China: Rongsheng Heavy Launches VLOC VALE SOHAR Built for OSC, Delivery doubts plague Vale’s VLOC newbuilds programme, Rongsheng May Deliver Two Large Ore Ships in 2011, Six Fewer Than Planned, CH RONGSHENG (01101) 2011 delivery target: 2–3 vessels to VALE COMMON-DRS, Vale iron-ore ship built in Korea is smaller than first planned, ME-Engine Firmly Established in Brazilian Market, STX Pan Ocean in pact with Vale to ship iron ore, Delivering World’s Largest VLOC and Best-performing Drillship in A Row, Unfinished STX Dalian valemax sells for just $16.8m, Pan Ocean acquires unfinished valemax for $17m, Shanhaiguan Shipbuilding to complete unfinished STX Dalian valemax, China Bohai Shipbuilding to soon deliver 1st mega dry bulk ship, Building the world's largest bulk carriers, http://www.lloydslist.com/ll/sector/dry-cargo/article386077.ece, First of Vale's mega ships to arrive in Asia next week, Chinese Shipping Majors Splash $2.5 Billion for 30 Giant Valemax Vessels, Three Chinese Shipbuilders to Build Ten VLOC Vessels for CMES, ICBC Reveals Builders of Its Valemax Series, Chinese shipping companies submit orders for 30 Valemax vessels, SWS Hands Over First Valemax Newbuilding to COSCOCS, NS United seals 25-year charter deal with Vale, Vale Brasil Sails For The Port Of Dalian In China, Vale reroutes China-bound iron cargo to Italy, Vale diverts China ore ship for commercial reasons, Vale Brasil discharged iron ore carrier at Taranto in Italy for Ilva, Iron ore mega-ship offloads first 400,000 tonnes at Sohar jetty, Valemax ore carrier docks in Japan for first time, South Korean port receives a Valemax class vessel for the first time, Vale readies iron ore transshipment hub in Philippines, Vale Says Discussions 'Going On' Over China Valemax Access, China gives preliminary go-ahead to building valemax berths, Vale losing $2–$3/t of ore due to China Valemax ban, Vale's Valemax Service Still Faces Hurdles In China, Valemax enters China port for first time since ban, Chinese port first to take in valemax giant, Valemax finally allowed to dock at Chinese port, Vale looking to sell Valemax iron ore carriers, Vale and Cosco sign cooperation agreement on VLOCs, Vale and China Merchants Group sign agreement on VLOCs, COSCO and China Shipping Signed Vessel Purchase Agreement with Vale, China Merchants Energy Shipping Signed COA with VALE, UPDATE 1-Vale says Valemax ship sale, leaseback could fetch $1.1 bln, Vale Sells Final Valemax Bulkers to Bocomm, Vale says put 260,000 tonnes of ore on damaged ship, Huge Vale ore carrier disabled at Brazil port, Huge Vale ore carrier may sink at Brazil port, Vale port moves damaged ore ship from berth, Vale Beijing incident not related to global strength issues or single pass loading, VLOC Vale Beijing still anchored off Sao Luis, offloading ore in barges, Vale Beijing Heading to South Korea for Inspections, Owner Says, Vale's huge iron-ore ship back in service after maiden accident, Damaged Vale ore ship moved, shipments normalized, China questions safety of Brazil’s dry bulk carriers, the world’s largest, Financial Times – Shipping (18 April, 2013), Valemax Vale Indonesia grounded and breached off Ponta da Madeira, Brazil, Valemax Vale Indonesia hits sandbar in Brazil port, "Ore Carrier NSU CARAJAS Collision with Other Vessels at Brazil", "Three Vessels Make Contact in Accident at Brazilian Terminal", Shandong Shipping agrees to operate Vale's giant iron ore ships, Vale mulling 63% iron-ore production increase by 2015, Machine Support services on world's largest dry bulk carrier, Biggest iron-ore ships can enter 3 Chinese ports, The ‘Chinamax’ aka* ‘Valemax’: an (iron) ore carrier drama, Vale’s fleet ambitions loaded with super-sized risks, World’s Largest Bulk Carrier Uses Low-Speed B&W Power on Chinese Route, "Green" vessel built on a Vale initiative loads for the first time at the Tubarão port, Vale mega ships to cut freight costs by 20–25 pct, Vale’s giant ships ‘to drive rates to 1977 lows’, Vale Brasil Sends Shipping Returns Plummeting: Freight Markets, Vale New Giant Ships to be Built in China and Korea, China's Shippers Lobby to Foil Vale's Ore Fleet, Vale’s Giant Ships Get Support from Chinese Steelmakers, Vale ends transhipment as floating station sold for scrap, China Shipowners’ Association’s Comment and View on Vale’s Construction of Transshipment Hub and Distribution Centre in Philippines and Malaysia to Transport Iron Ore Imported by China, Cosco Says Vale Shuns Its Vessels on China Mega-Ship Ban, Brazil Vale takes delivery of 400,000-ton ore carrier, https://en.wikipedia.org/w/index.php?title=Valemax&oldid=993991747, Ships built by Daewoo Shipbuilding & Marine Engineering, Pages with non-numeric formatnum arguments, Articles containing potentially dated statements from 2020, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License, This page was last edited on 13 December 2020, at 16:12. [89] A second transshipment vessel, Ore Sossego, entered service in 2013. With a maximum draught of between 22 and 23 metres (72 and 75 ft) while loaded, the ships are limited only to a few deepwater ports in Brazil, Europe and China. In addition sixteen more ships of similar size were ordered from Chinese and South Korean shipyards for other shipping companies, and chartered to Vale under long-term contracts. [147] However, Vale has also received support from the Chinese steel companies as they would benefit from lower transportation costs. Valemax Ship. [56] Initially anonymous, the buyer was later identified as Pan Ocean (formerly STX Pan Ocean), the shipping company who originally ordered the vessel. Valemax-class ships are very large ore carriers (VLOC) owned or chartered by the Brazilian mining company Vale S.A. (thus the name).This 68-ship fleet carries iron ore from Brazil to European and Asian ports.Valemax is the largest bulk carrier class in terms of DWT. [101] Following these agreements, China's ban for Valemax vessels has been effectively lifted and fully laden ships have called Chinese ports. [58], On 30 April 2007 Berge Bulk signed a contract with the Chinese shipbuilding company Bohai Shipbuilding Heavy Industry for the construction of four 388,000-ton very large ore carriers. However, at the time the Chinese officials had not yet lifted the ban for fully laden Valemax vessels. [70][71] The first of the thirty Chinese-built second-generation Valemax vessels, Yuan He Hai, was delivered on 11 January 2018[72][73] and the last one of the series, Yuan Qian Hai, in January 2020. [150] This backup plan was criticized by the vice-executive chairman of the CSA, Zhang Shouguo, who called it "waste of resource" and questioned Vale's ability to run the fleet as properly as professional shipping companies. Jan. 20, 2021 at 19:16 by Mikhail Voytenko . As the name suggests, Malaccamax ships are the largest ships that can pass through the Strait off Malacca which is 25 m (82 ft) deep. On 2 November 2008, Oman Shipping Company signed a framework agreement with RSHI for the construction of four 400,000-ton vessels to transport iron ore from Brazil to the Port of Sohar in Oman, where Vale is expected to open a steel plant in near future. The Stellar Unicorn and Stellar Queen also sustained hull cracks. [35], On 26 October 2009,[36] Vale ordered four Valemax vessels from the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for $460 million. [80][133] The first 35 Valemax ships were said to be capable of carrying about 15% of the annual iron ore exports from Brazil to all destinations if each ship does four round trips per year. The vessel is en route to the port of Singapore, sailing at a speed of 18.8 knots and expected to arrive there on Jan 2, 05:00.. But the standard dimensions of these ships range between 300 to 330 meters in length, 58 meters breath and 31 meters in depth. [98] Although Vale was expected to suffer financial losses from selling the ships, they would have been covered by the profit from iron ore sales even at depressed ore prices if only one or two full shipments could be unloaded in Chinese ports. In late 2015 and early 2016, Chinese shipping companies ordered 30 more ships with deliveries in 2018–2020. This was seen as a move against the Chinese officials who have not allowed the 400,000-ton ships to dock in Chinese ports. The four ships have since been chartered by Vale and, despite slight differences in design and contract date predating that of the ships ordered by Vale, they are also referred to as Valemax vessels. [54][55], The last Valemax vessel to be built by STX, originally named Vale Ponta da Madeira but later referred to by its yard number "STX Dalian 1707", was launched sometime in 2015. 24% of the total VLOC fleet is converted from VLCC’s, as 51 converted VLOC ships are currently in service, amounting to a total of 14 Mio. [127] The three Japanese-built vessels, however, represent another standard design, G400OC.[128]. [84], According to Vale, the discussions about allowing the Valemax ships to enter Chinese ports had been ongoing since the ban came into force[90] and the Chinese officials had given a preliminary go-ahead for the construction of new berths capable of accommodating the 400,000-ton ships. 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