On the afternoon of September 18, local time, Cao Ziyu, Party Secretary and Chairman of Hebei Port Group, and his entourage visited Rio de Janeiro, Brazil, to visit Juan, Global Supply Chain Director of Brazil's Vale Company. The two sides held working discussions and proposed the joint establishment of the “Caofeidian-Tubarang Iron Ore Green Shipping Corridor”. According to the initiative, the two sides will cooperate with stakeholders in the value chain to establish a green shipping corridor between Caofeidian Port and Tubarang Port to promote net zero shipping emissions between the two ports.

On the afternoon of September 18, local time, Cao Ziyu, Party Secretary and Chairman of Hebei Port Group, and his entourage visited Rio de Janeiro, Brazil, to visit Juan, Global Supply Chain Director of Brazil's Vale Company. The two sides held working discussions and proposed the joint establishment of the “Caofeidian-Tubarang Iron Ore Green Shipping Corridor”. According to the initiative, the two sides will cooperate with stakeholders in the value chain to establish a green shipping corridor between Caofeidian Port and Tubarang Port to promote net zero shipping emissions between the two ports.