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CVRD to build ships for iron ore, coal trade

BRAZIL'S iron ore giant, CVRD, says it is planning to build its own ships to better capitalise on...

Tim Treadgold

The country's business newspaper, Jornal do Brasil, quoted the company's logistics director, Guilherme Laager, as saying that he was looking at ships with a capacity of 450,000 tonnes. The plan was to...

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