08
Dec
12:56
Pan Ocean wins Vale iron ore shipping contract
Brazilian miner Vale has awarded South Korea’s Pan Ocean Co., Ltd. a long term contract to transport iron ore from Brazil to China. The shipper confirmed this in a note to the Singapore stock exchange (SGX) monitored by Kallanish.
“Pan Ocean has entered into a contract of affreightment with Vale on 29 November 2017, for the transportation of Brazilian iron ore at estimated total sales of approximately $1.8 billion,” Pan Oc…
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Anonymous
Very good overview of the weekly steel market.
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