Vale Pens Cooperation Deal with Qingdao Port

first_imgzoom China’s Qingdao Port has inked an agreement with Brazilian mining giant Vale to establish a sister-port relationship with Vale’s Ponta da Madeira Port in order to boost iron trade between the two terminals.The agreement stipulates bolstering of cooperation on port development planning, operations management, process optimization and increasing of productivity along with utilization and promotion of green technologies and energy saving solutions.The deal also includes cooperation on exchange of information, best practices and studies, along with promotion of maritime routes between the two countries.Ponta da Madeira terminal, located in northeastern Brazil, is one of the main ports for shipping cargo from Vale’s Carajas mines.The port of Qingdao, located on the east coast of northern China, receives more than 100m tonnes of iron ore a year, Vale said.Earlier this year, Vale’ Tubarão Port, in Brazil, and Lianyungang Port, in China, signed a similar agreement to boost productivity of their operations, exchange knowledge on safety and  develop technologies aimed at cutting energy consumption and greenhouse gas emissions.Vale also signed a deal with China Merchants Group  in Beijing on September 26 under which Vale will lease ten very large ore carriers to be built by China Merchants for a period of 25 years.The VLOCs will be used to transport Vale’s iron ore from Brazil to China.last_img read more

Read More

PPPs Gail Teixeira prepared to renounce Canadian citizenship …following CJs ruling

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedGovt dual citizens will return to National Assembly – Chief WhipMarch 26, 2019In “latest news”Govt being “duplicitous” by failing to remove its dual citizenship MPs – JagdeoMarch 29, 2019In “latest news”‘I am not illegal’ – Harmon says on returning to ParliamentMarch 29, 2019In “latest news” Opposition PPP/C Chief Whip, Gail TeixeiraFollowing Acting Chief Justice Roxane George, SC, landmark ruling on Thursday that a person holding dual citizenship cannot be a Member of Guyana’s Parliament, Opposition Leader Bharrat Jagdeo has said that PPP/C MP Gail Teixeira, is prepared to renounce her Canadian Citizenship. Jagdeo made the revelation during his weekly press conference today (Friday) at the party’s headquarters at Freedom House.Minister of State, Joseph HarmonAccording to the party’s General Secretary, the National Assembly is clear that a MP having dual citizenship will have implications and as such, he revealed Teixeria’s decision.“She is prepared to give up her Canadian citizenship, I spoke to members on my side about it…she said so voluntarily, I know that she has been thinking about it for a while and I didn’t call her to ask her if she will, I spoke with her and she said that,” Jagdeo revealed.Further, Jagdeo noted that the APNU/AFC Coalition Government presently have several Ministers who also hold dual citizenship; including Minister of State Joseph Harmon and Vice President and Foreign Affairs Minister, Carl Greenidge.Minister of Foreign Affairs, Carl Greenidge,“Harmon now may no longer be a Minister by virtue of the constitution, he has to resign because of the ruling and the same goes for Vice President and Minister of Foreign Affairs…this puts us in new territory. I have no doubt that the Government will try to appeal this and CJ will uphold ruling…the ruling is clear, you cannot be a dual citizen in the National Assembly…that’s what our constitutions says” Jagdeo recognized.He noted however that the PPP/C will be holding an executive meeting later on Friday where they will discuss a way forward and whether the law could be amended…“All of this will come out of a process for constitutional reform”.Acting Chief Justice Roxanne George-WiltshireJustice George at the High Court on Thursday pronounced on the case filed by Compton Reid over the dual citizenship of former AFC Member of Parliament (MP) Charrandas Persaud, whose vote in support of the Opposition sponsored no confidence motion on December 21 saw the toppling of the Coalition government.According to the CJ, by swearing allegiance to another state, a dual citizen is not qualified to be elected to serve in the National Assembly. read more

Read More