You are here: Home > Steel News > Latest Steel News > Vale...

Vale iron ore ship bound for China may sink

Wednesday, 26 February 2020 23:19:24 (GMT+3)   |   Sao Paulo
       

A vessel reportedly transporting Vale’s iron ore out of the company’s Port of Ponta da Madeira, in north Brazil, and bound for China may sink, according to media reports.

A media report by R7 noted the Polaris-owned vessel was transporting minerals, likely iron ore. A separate media report by Reuters could not confirm which product, if any, the vessel was transporting. Vale uses its Port of Ponta da Madeira to export iron ore.

Vale said the vessel suffered a bow damage still at the port’s access channel. All 20 crew members were reportedly evacuated, and Vale said the ship had to employ a “stranding” maneuver.


Similar articles

Brazilian high-grade iron ore price declines during the week

15 Nov | Scrap & Raw Materials

Daily iron ore prices CFR China - November 15, 2024

15 Nov | Scrap & Raw Materials

Major steel and raw material futures prices in China – November 15, 2024 

15 Nov | Longs and Billet

Russia’s Mechel posts lower crude steel and pig iron output for Jan-Sept

15 Nov | Steel News

Turkey’s iron ore imports increase by 26.1 percent in January-September

15 Nov | Steel News

Iron ore in China falls below $100/mt CFR again, outlook also bearish

14 Nov | Scrap & Raw Materials

Iron ore exports via Port Hedland down 6.6 percent in October from September

14 Nov | Steel News

Major steel and raw material futures prices in China – November 14, 2024 

14 Nov | Longs and Billet

Daily iron ore prices CFR China - November 13, 2024

13 Nov | Scrap & Raw Materials

India’s JSW Steel makes winning bid for iron ore block in Goa

13 Nov | Steel News