Vale contracts Hidrovias do Brasil to handle maximum volume in 2021
Oct, 15, 2020 Posted by Ruth HollardWeek 202043
Hidrovias do Brasil has announced that Mineração Corumbaense Reunida, a subsidiary of Vale International, informed its subsidiary Girocantex, that in 2021 it will handle the maximum contractual volume provided for in the contract between the parties.
As a result, the company will have to dedicate 8 trains to meet Vale’s request, which means 6 more trains than will be used in 2020.
Hidrovias do Brasil explains that the contract, signed in 2012, was made in the take or pay’’ modality and refers to the transportation of up to 3,250 thousand tons of iron ore per year on the Paraguay-Paraná Waterway, for a period of 25 years.
Source: Eu quero investir
Related Post
-
Meat
Feb, 23, 2023
0
Mad cow: Brazil halt beef exports to China
-
Economy
Oct, 28, 2021
0
Latest DataLiner data shows container imports up 12% YoY in September
-
Other Cargo
Oct, 14, 2022
0
Exports of toys and children’s articles grows 48.8%
-
Meat
Jan, 27, 2023
0
Brazil exports 53,980 K tonnes of pork in January