Valemax [SEP] manufacturer
of 61 "Valemax" vessels in service.
Construction.
Construction First series.
In 2008, Vale placed orders for twelve 400,000-ton "Valemax" ships to be constructed by Jiangsu Rongsheng Heavy Industries (RSHI) in China and ordered seven more ships from South Korean Daewoo Shipbuilding & Marine Engineering (DSME) in 2009. In addition sixteen more ships of similar size were ordered from Chinese and South Korean shipyards for other shipping companies, and chartered to Vale under long-term contracts. The first vessel was delivered in 2011
referred to as "Valemax" vessels.
Construction Second series.
In March 2016, it was reported that three Chinese companies China Ocean Shipping (Group) Company (COSCO), China Merchants Energy Shipping and ICBC Financial Leasing Co. had ordered ten "Valemax" vessels each from four Chinese shipyards with a total price of US$2.5 billion. The "Valemax" ships ordered by China Merchants Energy Shipping will be built by Shanghai Waigaoqiao Shipbuilding (4 ships), Qingdao Beihai Shipbuilding (4 ships), and China Merchants Group