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MOL to operate two 210,000-dwt tri-fuel ore carriers for Vale under 25-year charter
Mitsui OSK Lines, through its Singapore-based capesize operator MOL Ocean Bulk, signed a 25-year agreement with Vale International for two 210,000-dwt ore carriers featuring tri-fuel propulsion and scheduled to enter service in 2030.
Japanese shipping company Mitsui OSK Lines (MOL) will operate two 210,000-dwt ore carriers for Vale under a 25-year contract. The agreement brings tri-fuel propulsion to the long-haul iron ore trade.
The contract with Vale International was signed by MOL Ocean Bulk, the group's Singapore-based capesize bulker operator. The vessels are scheduled to enter service in 2030.
Further details of the agreement, including trade routes and propulsion specifications, were not disclosed in the source material.
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