Global Mineral Resources Network reported according to China Water Transport News that Brazil's Vale, the second largest mining company in the world by mining volume, has set up transit centers and distribution centers in the Philippines and Malaysia to transport iron ore imported from China. On November 30, Zhang Shouguo, executive vice chairman of the China Shipowners Association, said in an interview with reporters that the Vale series of measures does not comply with the principle of optimal allocation of resources, involves monopoly and unfair competition, and does not have the management of professional shipping companies Experience and level.
Violate the principle of optimal resource allocation
It is understood that in September this year, Vale and the Subic Bay Metropolitan Administration (SBMA) in the Philippines signed a memorandum of understanding to build an iron ore transfer center in Subic Bay. Vale can use a specially designed floating terminal port in Subic Bay to transfer iron ore from very large ore ships to small ships. China, South Korea, Japan and Taiwan will be the main destinations. At the same time, an iron ore distribution center was established in Malaysia.
Regarding the above measures by Vale, Zhang Shouguo pointed out that this does not meet the principle of optimal allocation of resources. At present, the fleet of the market can fully meet the needs of iron ore transportation. There is no need to waste resources to build transshipment centers and distribution centers, and increase the number of transit links. The result is a waste of resources and reduced efficiency; Vale is an ore production enterprise, and lacks experience in ship safety management, ship pollution prevention, and shipping operation and management. It is difficult to manage its own fleet like a professional shipping company, which is likely to cause safety and the environment Risk; Vale has its own cargo sources and controls ship capacity. This involves monopoly and unfair competition, which not only harms China's interests, but also the shipping interests of South Korea, Japan and Taiwan. The current shipping market is sluggish. Wherever River Valley builds a distribution center, its cost will not be reduced, and it will not pay for them.
Declining excess capacity to make matters worse
When talking about the current shipping market, Zhang Shouguo said that the world ’s excess capacity is an extremely serious problem now and for a long time to come. This situation is particularly evident in the dry bulk shipping market. At the "International Maritime (China) Annual Conference 2011" held recently in Boao, Hainan, experts and scholars from all over the world from all over the world agreed that due to the slowing down of the world economic recovery and the severe overcapacity, it is expected that Full recovery until at least 2014. At this time, Vale built a 400,000-ton-level iron ore transport fleet, which made the situation of excess capacity "exacerbating the situation", which was very detrimental to the recovery and healthy development of the shipping market.
The specialization of social division of labor enables market resources to be reasonably allocated and utilized. The development of shipping by shipping companies, compared with the development of shipping by companies in other industries, resources can be more fully and effectively used, and it is more in line with the social division of labor and market development laws.
Zhang Shouguo believes that shipping is a profession with very strong professional requirements, involving many professional skills such as business, finance, law, and navigation, as well as the provision of professional personnel, navigation safety and marine environmental protection, and the implementation of international conventions. Requirements, and even if a fleet has the above-mentioned elements, accidents such as navigation safety and ship pollution may still occur. If shipping is carried out by other industries, it is likely to bring more hidden dangers such as navigation safety and ship pollution due to failure to meet professional requirements.
Iron ore transportation serves the promotion of steel trade and the development of steel production. Vale has a great advantage in its iron ore trade with China. If it is involved in shipping again, it will exert greater control over China's iron ore imports, which makes China's steel and shipping industries very worried.
Zhang Shouguo said that at present, competent government departments at all levels have no plans to build 400,000-ton ports, berths, and navigation channels. In the current economic downturn, sluggish consumption and a large excess of global shipping capacity, the bulk cargo berth capacity of China's ports has been severely surplus, and a large amount of funds have been invested to build 400,000-ton-level berths and the associated waterways and facilities. Untimely, the Chinese shipping industry is firmly opposed to this.
Finally, Zhang Shouguo said that a series of initiatives in Vale may bring a heavier burden and greater losses, and will cause worries and vigilance in other Asian ore importing countries and regions. Vale's top priority is to immediately stop its huge fleet development plan, especially to stop the construction of 400,000 tons of ultra-large mining ships and other tonnage bulk carriers as soon as possible, so that he can minimize losses.