Rio de Janeiro: The head of Vale’s iron oreunit, Jose Carlos Martins, has dismissed Beijing’s latest port restrictions as“technical” and something that will be resolved over time, Reuters reports.

 

The ongoing spat between the Brazilianminer and China over access for its fleet of giant 400,000 dwt vessels saw itslatest twist last week with Beijing enforcing restrictions whereby ships above250,000 dwt cannot call in China.

 

"We're leaving this to China and we'llawait their decision," Martins said during a Brazil-China Business Councilmeeting in Rio de Janeiro yesterday.

 

Via SinoshipNews