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Vale & Ningbo Zhoushan Port Group Sign MoU for Deepens Cooperation

Logistic News - Published on Tue, 20 Aug 2019

Image Source: https://news.metal.com
Vale and Ningbo Zhoushan Port Group signed a MoU to further deepen the cooperation between the two sides. This is another milestone reached by Vale under the pillar strategy of "maximizing the quality of iron ore". According to the MOU, Vale and Ningbo Zhoushan Port Group will seek opportunities to deepen cooperation and synergy to supply Vale's highest quality iron ore products to Chinese customers. The two sides will also seek opportunities to deepen cooperation in logistics and supply chains.

Mr Berandor, Vale CEO, said that "Vale has established a 46 year commercial partnership with China and we are proud of this long-term partnership. The memorandum of understanding signed today strengthens the ties between Vale and Ningbo Zhoushan Port, one of the most important port partners in China. We look forward to continuing to explore further opportunities and ways of cooperation to ensure that our customers in China have access to the highest quality iron ore products in the world."

Under the witness of Mr Bo Anduo, Chief Executive Officer of Vale and Mr Mao Jianhong, Chairman of Ningbo Zhoushan Port Group Co Ltd, the MOU was signed by Mr Eisenqiao, President of Vale China and Mr Gong Liming, Party Secretary and General Manager of Ningbo Zhoushan Port Co Ltd.

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Posted By : Mohan Sharma on Tue, 20 Aug 2019
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