Vale mulls suspension of Malaysia terminal

Vale mulls suspension of Malaysia terminal

Brazilian miner Vale is considering the suspension of operations at its Malaysian TRMT terminal and distribution centre this month, which would result in 800,000 mt in lost shipments over the first quarter.

In a statement, Vale said it could temporarily halt operations at its Teluk Rubiah iron ore transhipment centre in Malaysia starting from March 21 until March 31 amid the coronavirus outbreak.

Vessels already heading to Malaysia will be redirected and redistributed among Vale’s blending facilities in China.

The company expects an impact on sales of about 800,000 mt in the first quarter, with an expected immaterial cost increase due to additional logistics operations.

“Vale is communicating with the authorities to clarify supposed restrictions imposed by the local government on transportation between cities, what could limit the access of workers to TRMT,” the company said

Vale’s TRMT terminal handled 23.7m tonnes of iron ore shipments in the year of 2019.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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