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Tuesday, April 23, 2024
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Vale News

06 Feb 2024

Concern Raised that Australian Sheep Will be Re-Exported

Source: Michael Mondello

The Australian government refused a request by an Israeli livestock exporter to send a ship carrying around 14,000 sheep and hundreds of cattle on a month-long voyage around Africa to Israel earlier this week, but it left the way open for other options.The Bahijah sailed from Australia for Israel on January 5 but was recalled over a week into the voyage after diverting towards South Africa, unwilling to sail through the Red Sea.The ship has been docked in Fremantle port, Western Australia…

01 Feb 2024

Australian Government Considering Re-Export of Livestock

Source: Michael Mondello

The Australian Department of Agriculture continues to assess an application to re-export the sheep and cattle currently loaded on the livestock carrier Bahijah.The government recalled the vessel after it diverted from the Red Sea over a week into its voyage to the Middle East. The Bahijah had loaded cattle and sheep in Fremantle, Western Australia, and departed for the Middle East on January 5, 2024.The vessel has an Israeli company name painted in large letters along the side of the hull, and it is currently docked in Fremantle taking on supplies.

21 Jan 2024

Australia Recalls Livestock Carrier Destined for Middle East

Source: Animals Australia

The Australian Government has recalled the livestock carrier Bahijah after it diverted from the Red Sea over a week into its voyage to the Middle East.The Bahijah loaded cattle and sheep in Fremantle, Western Australia, and departed for the Middle East on January 5, 2024. The vessel has an Israeli company name painted in large letters along the side of the hull.At the time of departure, the Department of Agriculture, Fisheries and Forestry (DAFF) said it was satisfied that the arrangements for the transport of the livestock were appropriate to ensure their health and welfare.

30 Nov 2023

Vale’s First Bulk Carrier Biofuel Trial Commences

Source: Oldendorff Carriers

Vale, working in partnership with Oldendorff Carriers, has just commenced its first biofuel voyage on a bulk vessel.The trial is taking place on an Oldendorff vessel performing a laden Vale voyage from Brazil to Asia, carrying a full cargo of iron ore.The Hinrich Oldendorff (209,113 deadweight built 2016) loaded the biofuel in Singapore on October 16 on the ballast voyage to Brazil. The vessel then loaded Vale’s iron ore on November 28 at Guaiba Island Terminal and will consume…

08 Nov 2023

Wind-assisted Propulsion for World's Largest Ore Carrier

Vale is to install five Rotor Sails from Anemoi onboard the VLOC Sohar Max to bring significant fuel and emission savings. The Rotor Sails will be installed with Anemoi's bespoke folding deployment system to mitigate the impact on air draught and cargo handling operations. Credit: Anemoi Marine Technologies

Brazilian mining firm Vale will install five Rotor Sails from Anemoi Marine Technologies Ltd (“Anemoi”), a supplier of wind-assisted propulsion technology for commercial vessels, onboard a 400,000 dwt Valemax, the world’s largest ore carrier. The vessel is owned by Omani shipowner, Asyad.Five 35-meter-tall, 5-meter-diameter cylindrical sails will be installed on the Sohar Max VLOC. The Rotor Sails will be installed on Anemoi’s folding deployment system, whereby the sails can be folded from vertical to mitigate impact on air draft and cargo handling operations.

26 Oct 2023

Silverstream and MAN Ink Collaboration Agreement

Left to right: Noah Silberschmidt, Founder & CEO, Silverstream Technologies, with Bjarne Foldager, Head of Two-Stroke Business, MAN Energy Solutions (Photo: Silverstream Technologies)

Silverstream Technologies announced it has signed a collaboration agreement with marine engine designer MAN Energy Solutions to explore solutions to drive retrofits and newbuild installations of its air lubrication system aboard vessels featuring MAN's two stroke engines.With approximately half of the world’s commercial ships powered by MAN Energy Solutions, the collaboration will help further accelerate the adoption of Silverstream’s  air lubrication technology, the Silverstream System…

17 Oct 2023

Berge Bulk Retrofits Bulk Carrier with WindWings

(Photo: Berge Bulk)

Singapore-based Berge Bulk has launched a ship fitted with steel-and-composite sails to cut fuel consumption and carbon dioxide emissions, with an eye to converting more vessels that ply routes with favourable wind conditions.The dry bulk carrier Berge Olympus, equipped with four sails known as WindWings, is chartered by mining giant Vale and will sail between Brazil and China, Berge said on Tuesday.The sails will save up to 20% fuel or six tons per day on an average worldwide…

10 Aug 2023

Malaysia Concerned About Disease in Australian Cattle

Source: DAFF Australia

Malaysia has paused the import of all live cattle and buffalo from Australia citing concern about lumpy skin disease (LSD).The move follows a decision last month by Indonesia to halt live cattle imports from four locations in Australia after 13 cattle were found to have the disease.Australia’s Chief Veterinary Officer Mark Schipp has released a statement saying that Australia is urgently engaging with its Malaysian counterparts to advise that LSD is not present in Australia.“I have made representations to my Malaysian counterpart…

16 Mar 2023

Vale Inks Deal with KDI Targetting Emission Reductions

Image courtesy Vale

After implementing the vessel-to-cloud Vessel Insight technology to Guaibamax Bulk Carriers in 2020, Vale, iron ore producer and charterer of one of the world’s largest fleet of ore carriers, has signed with Kongsberg Digital to install Vessel Insight on four Valemax vessels, a continuation of Vale's investment in technology for efficient vessels, such as the Valemax and Guaibamax freighter classes.Vale signed the agreement with Kongsberg Digital to implement Vessel Insight Connect to Valemax bulk carriers, which are long-term charted and owned by Asyad Shipping.

07 Mar 2023

MOL Bulk Carrier to be Equipped with Rotor Sails

(Image: Norsepower)

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) and Brazilian headquartered mining company Vale are teaming up to retrofit an in-service bulk carrier with rotor sail auxiliary wind propulsion to help reduce fuel burn and greenhouse gas (GHG) emissions.The 200,000-ton class Capesize bulk carrier, currently employed under a mid-term contract for transportation of iron ore for Vale, will be fitted with a pair of 35- by 5-meter rotor sails produced by Finland's Norsepower.

27 Feb 2023

YSA Design Forms New Sustainability Division

Fabiana Vale Dornelas (Photo: YSA Design)

YSA Design, an architect and design studio for cruise ship interiors, announced it has formed a division to improve sustainability across its internal operations and cruise projects.The Norway-based firm said it has appointed Fabiana Vale Dornelas and Trond Sigurdsen as Head of Sustainability & Implementation and Head of Sustainability & Technology, respectively, to lead the division. “The creation of a sustainability department reflects our commitment to achieving the highest environmental standards in our design work as well as in our internal processes…

15 Sep 2022

Silverstream Names Derodra CFO

Andrew Derodra (Photo: Silverstream Technologies)

British marine air lubrication company Silverstream Technologies announced it has appointed Andrew Derodra as Chief Financial Officer.Derodra’s career spans senior finance and strategic roles in multiple sectors including FMCG, healthcare and software. He brings experience as CFO in FTSE-listed, private equity-owned and founder-led businesses, including in the delivery of shareholder value, equity and debt financing, and M&A.Derodra joins Silverstream as it scales up to deliver a decarbonization solution for application across the global maritime industry.

28 Jul 2022

Navios Maritime Holdings Sells Its 36 Dry Bulk Vessels to Navios Maritime Partners

Navios Maritime Holdings Inc. on Wednesday announced it has reached a deal to sell its 36-vessel dry bulk fleet to Navios Maritime Partners L.P. approximately $835 million.Navios Holdings, which holds a 10.3% interest in the US publicly listed shipping company Navios Partners, with the sale officially exited direct fleet ownership. Going forward, the company said kit plans to focus on growing Navios South American Logistics Inc. business."We believe Navios Logistics is a leading…

17 Jan 2022

Vale, Other Brazil Miners Ramp Up Production as Rains Subside

© A.Paes / Adobe Stock

Brazilian miners including Vale SA are resuming production in the southeastern state of Minas Gerais after being forced to halt some operations due to heavy rains that increased the risk of accidents and caused logistics disruptions.Vale said in a securities filing on Monday that the Brucutu and Mariana mines are gradually ramping up production as part of its Vitoria-Minas railway was cleared, allowing the iron ore to be moved.According to Vale, the stoppages affected production of about 1.5 million tonnes of iron ore.

11 Jan 2022

Dry Bulk: Heavy Rains Disrupt Shipping in Southeast Brazil

© Caio / Adobe Stock

Heavy rainfall in southeastern Brazil has prompted miners including Vale SA to suspend some operations, they said on Monday, after downpours caused deadly floods in the northeast and threatened to delay harvests in the midwest.Rainfall is expected to remain heavy this week in most of top mining state Minas Gerais, after runoff closed roads and railways.The rains may also have contributed to the dramatic collapse of a canyon rock face in the state on Saturday, killing 10 people visiting a waterfall on boats.In the northeastern state of Bahia…

16 Nov 2021

Baltic Dry Index Slides to Five-month Low

© evannovostro / Adobe Stock

The Baltic Exchange's dry bulk sea freight index on Tuesday declined to its lowest level since early June, weighed by lower demand for the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 168 points, or 6.1%, to 2,591, its lowest level since June 9.The main index was down for a fourth straight session.The capesize index shed 369 points, or 9.8%, to a more than one-week low of 3,383.Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, fell $3,054 to $28,059.Con

08 Nov 2021

MOL Bulk Carrier to Trial Rotor Sails

(Image: MOL)

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) said it has entered into an agreement with mining company Vale International SA to install and trial rotor sail wind propulsion units on one of its a 200,000-ton class in-service bulk carriers in an effort to study levels of greenhouse gas (GHG) emissions reduction while underway.The rotor sail produces propulsive force as the wind generates differential pressure around the slewing rotor while the vessel is underway. It…

27 Oct 2021

Damen Wins Repeat CSD Order from Vale Verde

(Photo: Damen)

Brazilian company Constructora Vale Verde has placed a repeat order for a cutter suction dredger, type CSD350, with Damen Shipyards. This dredger is a sister vessel to the Amsterdam, which was delivered in 2019. The first CSD350,  Amsterdam was delivered and transported just before the global outbreak of COVID-19. In a world where the pandemic had fortified frontiers and created nearly unsurpassable barriers, Damen continued with assisting the commissioning of the dredger when it arrived in Minas Gerais, Brazil.

30 Jul 2021

Itochu-led Ammonia as Marine Fuel Study Attracts 23 New Firms

Credit: aigarsr/AdobeStock

Japan-based Itochu Corporation has this week formed a joint study framework of 23 companies and organizations with the objective of collaboratively discussing common issues in pursuit of the utilization of ammonia as an alternative marine fuel, Bureau Veritas said Friday.The aim of the Joint Study Framework is to verify and organize common issues regarding the use of ammonia as a maritime fuel, which is a new challenge for maritime stakeholders. Also, BV said this was a step toward…

05 Jul 2021

Asyad Looking to Sell Stake in Oman Shipping Company

Oman's state-owned transport group Asyad is weighing the sale of a strategic stake in its subsidiary Oman Shipping Company (OSC), three sources familiar with the matter said.Asyad has asked banks to pitch for a mandate to help it review a potential deal in which Asyad could divest up to 40% of its ownership, said two sources, who declined to be named as the matter was not public.Asyad, owned by the Oman Investment Authority, the country's sovereign fund, did not immediately respond to a request for comment on Monday. Oman Shipping Company also did not respond to a request for comment.OSC focuses on transportation of liquefied natural gas (LNG) cargoes to the international market…

14 May 2021

A Newbuild VLOC is the First Wind-powered Bulk Carrier

(Photo: Vale)

Brazilian miner Vale expects to soon put into service the first-ever bulk carrier propelled partially sails, the company said on Thursday.The rotor sail-equipped newbuild, a very large ore carrier (VLOC) named Sea Zhoushan, is being built in China for owner by Pan Ocean Ship Management and will be chartered by Vale upon delivery in the coming days. Not only is Sea Zhoushan the first bulk carrier to be fitted with rotor sails, the 340-meter, 325,000 dwt vessel is also the largest ship ever to be outfitted with the fuel-saving and emissions-reducing technology…

27 Apr 2021

BIMCO Number of the Week: Brazil’s Iron Ore Exports up 14.4%

© Wagner/AdobeStock

In the early hours of 22 April 2021, Vale - the Brazilian mining giant, was ordered to temporary suspend shipping activities at the country’s Guaiba Island terminal, a dedicated iron ore export terminal. Later that day, the hurdle was cleared, and activities could resume. Should the market worry when Brazil’s iron ore exports are disrupted? Now, that all depends on the terminal.Ilha Guaiba, accounts for 7% of seaborne Brazilian iron ore exports. During February and March, 11 and eight Capesize ships departed the terminal, carrying an average of 220,000 tonnes of iron ore.

18 Feb 2021

Fortescue CEO: Iron Ore Market to Remain Strong for Some Time

Port Hedland - Australia - Credit: Adwo/AdobeStock

The global iron ore market is likely to remain robust for some time, given supply concerns and stronger-than-usual demand from top consumer China, Fortescue Metals Group Chief Executive Elizabeth Gaines said on Thursday."Not only in China, but the ex-China activity is also picking up to pre-COVID levels," she told a media call. "Our view is that the market will remain robust for some time."In China, activity rates didn't slow as much as is normal for the Lunar New Year because not as many workers returned home, she said.