MOL and Vale Retrofit Capesize Bulk Carrier with Rotor Sails
Mitsui O.S.K. Lines, Ltd. (MOL) and Vale International SA have announced the successful retrofit of a 200,000-ton class bulk carrier with two Norsepower Rotor
Mitsui O.S.K. Lines, Ltd. (MOL) and Vale International SA have announced the successful retrofit of a 200,000-ton class bulk carrier with two Norsepower Rotor
Brazilian mining company Vale S.A. has announced its plans to install five Rotor Sails on the world’s largest ore carrier. The agreement between Vale and
Mitsui O.S.K. Lines (MOL) and Vale International have announced a partnership to retrofit a 200,000-ton capesize bulk carrier with two 35-meter x 5-meter rotor
Finland-based Norsepower has announced the installation of five tilting Rotor Sails on board a newbuild Very Large Ore Carrier (VLOC) under construction in
Brazilian mining giant Vale has announced the final delivery of iron ore using one of its converted very large ore carriers, VLOCs, after the company decided
BEIJING, Nov 13 (Reuters) – Brazil’s Vale and China’s Ningbo Zhoushan Port have signed a deal to invest around 4.3 billion yuan ($650.6
Update: March 3, 2020 Salvage and oil spill response assets are being mobilized to deal with the partially submerged Stellar Banner stranded off the coast of
By Krystal Chia (Bloomberg) — With a market facing a global deficit that was unforeseen at the start of the year, the world’s biggest iron
By Krystal Chia (Bloomberg) — Iron ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the
OSLO, Feb 19 (Reuters) – The prospects of dry bulk shippers carrying iron ore from mines to smelters have worsened due to the accident at Vale’s
By Krystal Chia (Bloomberg) — The global iron ore market was pitched into turmoil after Brazil’s Vale SA, the world’s largest producer, outlined
Brazilian mining company Vale SA on Wednesday said it has sold two ships with a capacity to carry 400,000 tonnes of iron ore each for a total of $178
Brazilian mining giant Vale has shipped the first cargo of iron ore from the company’s giant new mine in the Amazon known as S11D. The company said
SHANGHAI, April 1 (Reuters) – China COSCO Shipping Corp has placed an order for 10 very large ore carriers (VLOC) from China State Shipbuilding Corp
By Guillermo Parra-Bernal and Tatiana Bautzer SAO PAULO, March 20(Reuters) – Roger Agnelli, the Brazilian banker who turned Vale SA into the
SHANGHAI, March 18 (Reuters) – China COSCO Shipping Corporation and Vale have signed a 27-year-long agreement that will see the Chinese shipping giant
By Marta Nogueira RIO DE JANEIRO, Jan 25 (Reuters) – A Brazilian judge decided on Monday that miner Vale SA may reopen its iron ore and coal port near
By Jeb Blount and Marta Nogueira RIO DE JANEIRO, Jan 21 (Reuters) – Brazil’s Vale SA said on Thursday a court ordered the temporary suspension of
Vale S.A. and a consortium led by ICBC Financial Leasing, a 100 percent owned subsidiary of the Industrial and Commercial Bank of China, have
LONDON, Dec 4 (Reuters) – Brazil’s Vale SA said on Friday that it plans to sell its 11 remaining Valemax iron ore carriers and lease them back in
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