Brazilian miner Vale has not yet sold a cargo of 355,000 mt of iron ore which arrived at Dalian port in China at the end of December, as reported by Reuters on January 11.
The cargo was delivered by the ‘Berge Everest' vessel, which has a capacity of 388,000 dwt, ending months of delays in getting the world's biggest dry bulk ships into China. It is expected that inquiries for iron ore will increase after China's upcoming Spring Festival holiday.