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China Rongsheng Delivers Second Giant Iron-Ore Vessel to Vale

April 12 (Bloomberg) -- China Rongsheng Heavy Industries Group Holdings Ltd., the biggest Hong Kong-listed shipbuilder, delivered a second giant iron-ore vessel to Vale SA.

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.

To contact the reporter on this story: Rob Sheridan in London at rsheridan6@bloomberg.net

To contact the editor responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net

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