15
Dec
07:38
Vale stops using converted vessels
Brazilian miner Vale says it will no longer use Very Large Crude Carriers (VLCC) and Very Large Ore Carries (VLOV) for the transportation of raw materials, Kallanish learns from the company.
The miner completed the discharging in China of its last cargo using converted vessels on 13 December.
“Following Vale's new risk management approach, in January 2020, Vale has decided for the phase-out or substitution of all converted vessels engaged in its cargo …
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