Shanghai: Lianyungang Port Group has inked a strategic cooperation framework agreement to work together on port logistics and shipping with Vale.
Vale is the world leading iron ore producer and exporter, and the signing of a framework agreement shows Vale’s intention to enhancing cooperation with Lianyungang. The two parties will further discuss the opening of bulk cargo routes from Lianyungang to Brazil and the setting up of an iron ore spot trading market at Lianyungang, the port company said. [07/06/13]
