Iron ore cargo vessel contracted by Vale damaged near Brazilian coast

February 28, 2020 / www.metalbulletin.com / Article Link

A vessel contracted by Brazil-based miner Vale is grounded off the coast of the country's north-eastern Maranh??o state, having suffered damage after leaving the Ponta da Madeira Maritime Terminal earlier this week.

Vale's shipments from Ponta da Madeira were not affected by the incident, the miner said late on Wednesday February 26.

The ship, a very large ore carrier (VLOC) called MV Stellar Banner, suffered damage to the bow after leaving the terminal...

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