South Korean shipping company Pan Ocean has clinched a 20-year iron ore shipping contract with Brazilian mining firm Vale SA.
Under the Contract Of Affreightment (COA), Pan Ocean will ship about 32 million tonnes of iron ore for 20 years. This will take place from 4Q2016 to 4Q2036.
No financial details were disclosed.
The loading of the iron ore will take place in Brazil, with the despatching in China and Malaysia, etc.
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Under the Contract Of Affreightment (COA), Pan Ocean will ship about 32 million tonnes of iron ore for 20 years. This will take place from 4Q2016 to 4Q2036.
No financial details were disclosed.
The loading of the iron ore will take place in Brazil, with the despatching in China and Malaysia, etc.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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