China adds four valemax berths to diversify iron ore imports
Berths made available recently will allow more 400,000 dwt ore carriers to reach China directly. Move reinforces Beijing’s attempt to reduce its reliance on Australian iron ores, which will have a long-term impact on trade flows of the commodity
Some short-term logistical impact can be expected as more valemaxes are enabled to make direct calls at the Chinese ports without having to tranship at the port of Teluk Rubiah in Malaysia
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