In the latest example of how leading charterers are pushing shipping decarbonization forward, Brazilian mining giant Vale S.A. is to install five rotor sails from London-headquartered Anemoi Marine Technologies Ltd onboard the
Brazilian mining giant Vale International and Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) have reached an agreemen that will see two rotor sails retrofitted on a 200,000-dwt class bulk carrier, currently employed under
Recently, the Baltic Dry Freight Index, the main measure of bulk carrier market health, has been hovering around 11-year highs. Demand has been sustained by fundamentals, such as an increase in Chinese
If you didn’t get the message that shipping needs to decarbonize, welcome back from your vacation on Mars. The International Maritime Organization has set what the International Chamber of Shipping describes as
Within days of being refloated by salvors, a 2016-built, 300,800 dwt ore carrier has been declared a constructive total loss (CTL), towed to deep water and sunk under supervision of the Brazilian
SEPTEMBER 8, 2013 — Brazilian mining giant Vale S.A. has agreed to cooperate in a project that aims to build the largest ship repair facility in South America, capable of drydocking any
