Vale has signed a 25-year contract of affreightment (COA) with Shandong Shipping for two Guaibamax-class Very Large Ore Carriers (VLOCs) capable of using ethanol, methanol, and marine fuel oil. Announced on 9 Apr 2026, the vessels will be built
Industry
April 11, 2026
Vale Signs 25-Year COA for Tri-Fuel VLOCs
Qingdao Beihai Shipbuilding Heavy Industry - CSSC
SHIPYARD
SHANDONG SHIPPING CORP
SHIPMANAGER
Vale SA
SHIPMANAGER
Newbuild
Alternative Fuels
Wind Propulsion
Bulk Carrier
E
Ella Trusteddocks
Apr 11, 2026 · 08:11 UTC · Source
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