27
Feb
21:14
New-type very large ore carrier departs Tubarão
The first second-generation Very Large Ore Carrier (VLOC) loaded for the first time this week at the Tubarão port, in Vitória, Espírito Santo, Brazilian miner Vale tells Kallanish.
The Yuan He Hai vessel is the first to come into operation out of a total of 32 under construction to serve the seaborne iron ore trade. particularly in the Brazil-China route. The new vessel has a capacity of 400,000 tonnes, the miner says.
The new vessels wil…
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Very good overview of the weekly steel market.
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