Vale doubles ethanol-capable ship charters

Brazilian miner Vale will charter two ethanol-capable vessels from MOL Ocean Bulk, a subsidiary of Japanese shipping firm Mitsui O.S.K. Lines, under a 25-year agreement. The two 210,000-DWT ore carriers will be capable of running on ethanol, methanol and conventional fuels. The design will also include an option for future conversion to LNG or ammonia, …

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