Shipwreck casts shadow over fleet of Vale iron-ore carriers

After a vessel contracted to transport iron ore for Brazilian mining giant Vale mysteriously disappeared, a similar vessel has been delayed for repairs.
Photo: Vale
Photo: Vale
BY R.T. WATSON, BLOOMBERG

A second vessel contracted to haul iron ore for Brazilian miner Vale SA was delayed for repairs following the loss of a similar ship that mysteriously sank en route to China leaving 22 people presumed dead.

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