Vale International Sa News

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…

Ore Salvador will Sail under long-term transport contract with Vale International S.A. Mitsui O.S.K. Lines, Ltd. (MOL) announced completion of the 297,000-ton iron ore carrier Ore Salvador at Japan Marine United Corporation’s Ariake Shipyard. MOL will operate the ship under a long-term contract, transporting ore from Vale S.A. of Brazil. Among those on hand for the naming and delivery ceremonies were Vale International Director Gurinder Singh, who named the vessel, Japan Marine United Corporation President Shinjiro Mishima and MOL President Koichi Muto.