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China COSCO Signed Vessel Purchase Agreement with Vale
Updated Time: 2015-05-20Page Views:

On May 19th(Brazil time), witnessed by the Chinese Premier Li Keqiang and Brazilian President Dilma Rousseff, China COSCO Chairman Mr. Ma Zehua signed a cooperation agreement with Vale in Brasilia. According to the agreement, China Ore Shipping Pte. Ltd, the joint venture between China COSCO Bulk Company (51% stake) and China Shipping Development Company (49% stake), will purchase four VLOCs from Vale.


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