Bulk carrier enters 20-year deal with mining major

The world's largest mining company, Brazil's Vale, has entered into yet another long-term contract for the transport of iron ore to Asia. This time with Korean Pan Ocean.

BY OLE ANDERSEN

Brazilian mining behemoth Vale, which recently signed a 27-year deal with Cosco to transport iron ore to Brazil from China, has now entered into a similar agreement with Korean dry bulk carrier Pan Ocean.

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Cosco signs 27-year contract with Brazil's Vale
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Mining giants enter iron ore deal for China
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Vale achieves record iron ore production
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