The Business Times
business-time-50
SUBSCRIBERS

Pan Ocean bags US$1.8b contract to transport iron ore

google-preferred-sourceAdd BT as a preferred source
Published Thu, Nov 30, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

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.

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

Heitsenrether, on how AI will impact the world, says: “The ability to connect with people (will not) go away with technology, especially in our business. It’s a business that’s about trust and relationships."

From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’

Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

Higher costs, lower returns: Why are Singaporeans still betting on real estate?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More