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2009 October 7   12:46

Brazil Vale to order $1 bln ships from S.Korea

Brazil's Vale expressed its intention to order 11 bulk ships worth a combined $1 billion from South Korean shipbuilders, Yonhap news agency said on Wednesday.
Vale officials plan to visit South Korea to complete the deals with Daewoo Shipbuilding & Marine Engineering and STX Offshore & Shipbuilding within the month, Yonhap reported without citing sources.

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