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.
According to Fortescue's latest interim report, published in July, Fortescue is looking to add another four of the major dry bulk vessels to its fleet, a move that would make the carrier considerably self-sufficient in the transport chain, likely pushing the company above ten percent.
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