News
10 September 2026

HMM inks $3.5bn iron ore shipping deal with Vale

In:
Metals and Mining
Region:
Americas, Asia-Pacific

South Korea-based global integrated logistics company HMM has inked a long-term shipping contract with Vale valued at around $3.5 billion. HMM will transport iron ore for Vale starting from 2030. Each vessel covered by the deal will operate under a 25-year contract term. This is the third...

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