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 to phase out its...

One of the world’s largest bulk carriers and a sister vessel to the ill-fated Stellar Daisy is adrift off the coast of Brazil after a fire knocked out power to...

South Korean shipbuilder Hyundai Heavy Industries (HHI) has announced that it has signed a $400 million contract to build an additional five Very Large Ore Carriers (VLOCs) for Polaris Shipping....

South Korea shipbuilder Hyundai Heavy Industries has announced it has signed a $800 million contract to build ten of the world’s biggest iron ore carriers for Polaris Shipping. The contract,...

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 million....

By R.T. Watson (Bloomberg) — A second vessel contracted to haul iron ore for Brazilian miner Vale SA was delayed for repairs following the loss of a similar ship that...

Update (April 2): A KC-130 aircraft with the Brazilian Air Force has joined the search for survivors from the MV Stellar Daisy, which is believed to have sunk in the Atlantic...

The largest single cargo of iron ore ever shipped from Western Australia’s Port Hedland set sail last week aboard the 300,000 dwt Very Large Ore Carrier HL Tubarao. The Fortescue...

SHANGHAI, April 1 (Reuters) – China COSCO Shipping Corp has placed an order for 10 very large ore carriers (VLOC) from China State Shipbuilding Corp (CSSC), the official Xinhua news...

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 concluded the sale and purchase of four...

Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES), as it looks to raise cash in the midst of an iron ore price slump.

Brazil's Vale SA on Friday inaugurated a $1.4 billion port in Malaysia able to receive and blend iron ore from its mega-ships, an important step in the miner's battle to cut transportation costs to the crucial Chinese market.

A giant iron-ore freighter owned by Vale SA was allowed to dock at a Chinese port last week, Reuters data showed, the first since the Brazilian miner signed deals with two of China's largest shipping groups in what was seen as a thawing of relations.

In May 2008, capesize vessels – hard to believe now – were averaging $155,000 pd on the spot market, while the ‘front leg’ of the trade Tubarao (Brazil) to Qingdao...

Yangzijiang Shipbuilding Holdings Ltd has won an order to build four very large ore carriers for Australian iron ore miner Fortescue Metals Group Ltd, company statements and a source familiar with the situation said.

SINGAPORE, March 25 (Reuters) – Top iron ore producer Vale said it has delivered 382,500 tonnes of iron ore via one its giant Valemax ships to a new storage and...

New tighter Chinese restrictions on Brazilian miner Vale's Chinamax ore carriers are "technical" and are likely to be resolved over time, Vale's head of iron ore, Jose Carlos Martins, said on Monday.

China's state-owned Shandong Shipping Corporation has signed a $500 million deal with Brazilian miner Vale SA to operate four of its giant iron-ore freighters, according to the official Xinhua news agency.

Oman Shipping Company has signed a 137 million rials ($355.8 million) loan with two local banks to fund the acquisition of four Very Large Ore Carriers (VLOCs).

A Valemax bulk carrier was damaged Monday after running aground as she departed the Ponta da Madeira terminal in northeastern Brazil.