China Rongsheng Delivers Second Giant Iron-Ore Vessel to Vale

China Rongsheng Heavy Industries Group Holdings Ltd. (1101), the biggest Hong Kong-listed shipbuilder, delivered a second giant iron-ore vessel to Vale SA. (VALE3)

A third Very Large Ore Carrier is on sea trials, China Rongsheng said April 10 in a statement. Vale, based in Rio de Janeiro, is the world’s largest producer of iron ore, a raw material for steelmaking.

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