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Trade & Logistics

3 October 2026

MOL lands Vale charter for two tri-fuel ore carriers

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Source reporting: Splash247

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MOL lands Vale charter for two tri-fuel ore carriers

Japanese shipping giant Mitsui OSK Lines (MOL) will operate two 210,000-dwt ore carriers for Vale under a 25-year contract, introducing tri-fuel propulsion to the long-haul iron ore trade. MOL Ocean Bulk, the group’s Singapore-based capesize bulker operator, signed the agreement with Vale International for vessels scheduled to enter service in 2030. The ships will primarily …

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