MacGregor Wins Pusnes Contract for New VLOCs

MacGregor, part of Cargotec, a Finnish provider of cargo-handling machinery for ships, has won Pusnes deck machinery orders for a new series of 400,000 dwt very large ore carriers (VLOCs) under construction at Chinese shipyard, Qingdao Beihai Shipbuilding Heavy Industries.

MacGregor will deliver high-pressure hydraulically-operated deck machinery based on Pusnes designs to the new VLOCs, intended to transport iron ore from Brazil to China.

A total of ten new Valemaxes were ordered, six of which are to be built by China’s privately-owned Yangzijiang Shipbuilding, whereas the remaining four VLOCs are to be constructed by China Shipbuilding Industry Corporation.

Construction of the VLOCs is part of a 27-year iron ore transport deal signed between Brazilian mining company, Vale and the Chinese Government in April 2016.

Under the contract of affreightment (COA), ICBC Financial Leasing, the leasing arm of Industrial and Commercial Bank of China, will transport about 16 million tons of iron ore annually for Vale starting from the first half of 2018.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

The Smart Ship Exchange

The Exchange will look at the issues involved with increasing autonomy in shipping with an introduction to the concept…

read more >

3rd MarSat Workshop

The MARSAT project wants to operationalise and standardise EO products and aims to develop…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >