Vale buys Fertec

Vale and Euroports Tarragona have teamed up to enhance Mediterranean iron ore logistics, marked by the Magsenger 10 delivering 110,000 tonnes from Brazil.

After postponing due to flooding, the Brazilian government auctioned operational leases for five ports, combining upfront payments and investment pledges.

MOL and Vale retrofitted a Capesize bulk carrier with Norsepower Rotor Sails, marking the first of its kind, aiming to reduce fuel and GHG emissions by 6-10%.

Southern Brazil’s heavy flooding disrupts grain shipments, damages storage, threatens exports and impacts agriculture and the economy.

The new terminal will feature 21 pieces of advanced equipment designed to minimize consumption and emissions of polluting gases.

Brazilian miner Vale has declared force majeure on some of its iron ore contracts in the wake of the fatal tailings dam collapse at Brumadinho.