SUBSCRIBERS
Pan Ocean bags US$1.8b contract to transport iron ore
Published Thu, Nov 30, 2017 · 09:50 PM
Singapore
SOUTH Korean bulk carrier Pan Ocean Co has clinched a long-term contract worth around US$1.8 billion to transport iron ore for Brazilian mining giant Vale International.
The 27-year contract will begin in the first quarter of 2020.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules
Nomura, Mizuho face losses on All Blue fund’s failed trades
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama