Mining giant negotiating order for additional VLOC's
The four large VLOC bulk carriers already ordered by Australian mining giant Fortescue only represent the beginning of the mining giant's efforts to establish its own fleet. Fortescue is already negotiating another large order.
BY TOMAS KRISTIANSEN
Australian mining giant Fortescue, one of the world's Big Four, is in negotiations with Chinese shipyard interests for the delivery of even more VLOCs than the four vessels ShippingWatch reported on last week.
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