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Shanghai Zhenhua ink iron ore barges contract with Brazil HDB
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Saturday, 23 Feb 2013
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Shanghai Zhenhua Heavy Industry Co., Ltd. announced on February 18 that it has signed 114 million dollars contract with Girocantex Sociedad Anonima of Hidrovias Do Brasil on 128 barges to be delivered in 2013/14.

Those barges will be used in the 25 year iron ore shipment business HDB signed with Vale, according to announcement.

Shanghai Zhenhua Heavy Industry Co Ltd a state run businesses listed on Shanghai Stock Exchange, has 8 production bases located in Shanghai, Nantong and Jiangyin, with total area of 6670 hectares and 10 kilometer coastline, (especially Changxing Base has 5 kilometer deep water coastline), and including heavy duty dock of 3.7 kilometer; it is the largest heavy duty equipment manufacturer in the world and owns 26 transportation ships of capacity from 60,000 DWT to 100,000 DWT, delivering products to all over the world.

Source - www.steelhome.cn/en

China steel information centre and industry database

(www.steelguru.com)

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