MOL Ocean Bulk Joins World’s 1st Tri-Fuel Ore Carrier Project- 25-Year Iron Ore Transport Contract Signed with Vale

Mitsui O.S.K. Lines, Ltd. announced that MOL Ocean Bulk Pte. Ltd., which operates the MOL Group’s overseas Capesize bulker business, has signed a 25-year contract with Vale International S.A. (a subsidiary of Vale S.A.) to transport iron ore using two vessels. As part of Vale’s Shipping decarbonization strategy, the project will employ the world’s first …

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