Vale Orders 12 Ships

Friday, August 08, 2008

Mining company Vale has signed a contact with Rongsheng Shipbuilding and Heavy Industries of China to build 12 carries valued at $ 1.6b to transport iron ore to , the Brazilian company has announced.
The very large ore carriers (VLOC) each have capacity to carry 400,000 metric tons, said Vale, and the shipbuilding order is part of the firm’s plan to maximize efficiency if its operations in the iron ore market, a strategy including using longer freight trains with 330 wagons and more efficient locomotives.
Vale said its has decided to create a sea transport fleet dedicated to the Brazil-Asia route as this region will contribute most to growth of global demand for iron ore.
The first ore carriers will enter service early 2011 and the rest of the fleet will be delivered to Vale at the end of 2012. The mining company’s investment in the ships is additional to the US$ 59 billion planned for 2008-2012.

(Source:  macauhub)


Vessels

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Damen Trading Sale hits 500th Vessel

30 years and 500 vessels later, Damen Trading is just getting started. Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels.

Matson Orders Two ConRo Ships from NASSCO

Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0630 sec (16 req/sec)