China Merchants Energy Shipping (CMES) has placed an order for six very large ore carriers (VLOCs) with a combined value of RMB 4.93 billion (approximately $727 million). These eco-design vessels, each with a deadweight tonnage of 343,000, are scheduled for delivery between 2029 and 2030. The newbuilds will be constructed by China Merchants Shipbuilding, a related party