September 7th, 2017

Very Large Ore Carriers

No Ore-dinary Vessels

The use of the Very Large Ore Carriers (VLOCs) for Brazilian iron ore exports has always received a lot a attention. Vale’s strategy of commissioning its own fleet of dedicated ore carriers had some teething problems, but things are running more smoothly now. Since the start of the year over 100mt of iron ore loaded by Vale has been onto VLOCs, with the vessels accounting for nearly 340 voyages, 30% of total shipments and 48% of the total ore shipped.

 

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