Steel News


Cliffs to Send Iron Ore to Asia on First Chinamax Vessel from North America

10/21/2013 - Cliffs Natural Resources Inc. and the Port of Sept -Îles announced that for the first time in North-America, a Chinamax type vessel will be loaded in the Bay of Sept-Îles, and will transport 300,000 metric tons of iron ore concentrate from Cliffs’ mine in Bloom Lake to Asia.
"Cliffs’ team is proud of this historical milestone in North America,” said Don Gallagher, executive vice president, president — global commercial of Cliffs. “This first shipment of iron ore product via Chinamax for our customer WISCO, is consistent with Cliffs’ core value of environmental stewardship and operational efficiencies. The technology and loading capacity (over 300,000 metric tons) of these larger vessels will allow us to reduce greenhouse gas emissions as well as maritime traffic and enhance our competitiveness within the global iron ore market. It is exciting to see this new access between Sept-Îles and Asia finally come to fruition."
 
"We are witnessing a historical turning point today: the opening of our Port to the next generation of ore vessels of the planet. We must congratulate the initiative of our partner, Cliffs Natural Resources, who made this possible," said the president and CEO of the Port of Sept-Îles, Pierre D. Gagnon.
 
The CSB Years is a “Chinamax” type bulk vessel, with a loading capacity of 330,000 metric tons, measuring 330 meters long and 31.3 meters high. The CSB Years was registered in Hong Kong in January of 2012 by the company by Nianhua Shipping SA.