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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (37933)	8/4/2008 12:55:18 PM
From: KyrosL	Read Replies (2) \| Respond to of 219481

I thought the written language is the same, but Cantonese and Mandarin are pretty much different spoken languages. OK I checked and you are right. Most Chinese speak mandarin. Only about 30% or so speak other dialects.

To: Rolla Coasta who wrote (37933)	8/4/2008 1:14:08 PM
From: dybdahl	Read Replies (1) \| Respond to of 219481

You should ask all the encyclopedias of the world to replace their description of China with your statement.

To: Rolla Coasta who wrote (37933)	8/4/2008 2:13:41 PM
From: elmatador	Respond to of 219481

Vale orders world's largest iron ore ships for $1.6b. Brazil-Asia shuttle service will offer a mind-boggling fleet that will include 12 of the world’s largest iron ore carriers. Brazilian iron ore über-miner Vale announced Sunday that it has ordered 12 "very large ore carriers," the biggest to be built in the world, with a price tag of US$1.6 billion. Each carrier will have a capacity of 400,000 deadweight tons (dwt) and will be part of the shuttle service carrying iron ore from Vale's maritime terminals in Brazil to Asian customers. In a news release, Vale stated, "In order to maximize the efficiency of our operations we have been developing initiatives to enhance the exploitation of economies of scale. These include the use of longer trains in our railroads-with 330 wagons and higher efficiency locomotives, with on-board computers and higher axle loads-and the creation of a dedicated maritime shuttle service between Brazil and Asia, where we expect most of the future growth of the global demand for iron ore to come from." The first of these vessels is expected in early 2011 with completion of the order anticipated in 2012. China's Rongsheng Shipbuilding and Heavy Industries was awarded the contract to build the carriers. When combined with other Vale ships now in use-along with four 388,000dwt ships, one 300,000 dwt converted crude carrier now under construction-Vale's dedicated Brazil-Asia shuttle service will have a total tonnage of 7.1 million dwt, in addition to the company's current capsize vessels. The fleet will have an estimated capacity to carry 30.2 million metric tons of iron ore annually from Brazil to Asia. Last month Vale raised $11.5 billion selling new stock in New York, Paris and San Paolo. At the time, the company said the money could be used to finance its $59 billion investment plan, including strategic acquisitions and increased financial flexibility.