China to lift ban on entry of miner Vale’s mega-ships

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(Reuters) – China said on Friday it will allow 400,000-deadweight tonne ships to dock at its ports, officially ending a more than three-year ban that had effectively shut out Brazilian miner Vale SA’s giant vessels.

Four domestic ports – Qingdao, Dalian, Tangshan Caofeidian and Ningbo – will be allowed to receive the carriers after they meet technical standards, China’s state planner, the National Development & Reform Commission, said in a joint statement with the Ministry of Transport.

Read more at: http://www.reuters.com/article/2015/07/03/china-port-vale-idUSL3N0ZJ15220150703

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