Hot on the heels of receiving its first ever VLCC Hanjin Shipping announced this week that it had received its first very large ore carrier.
Named after the Brazilian port with the country’s largest iron ore export, Hanjin Tubarao is a VLOC of 300,000dwt class. The ship is under long-term contract with steel mill POSCO and will be deployed in the transportation of iron ore from Brazil to Korea.
Attending the naming ceremony held at Hyundai Heavy Industries in Ulsan, Korea, Young Min Kim, president and ceo of Hanjin Shipping commented, “We are delighted with the delivery of our first ore carrier and that we secured long-term contract with one of the world’s major clients.” He added, “It will not only contribute to improving our profitability but also be a milestone for us as we continue our efforts to develop our bulk business.”
Named after the Brazilian port with the country’s largest iron ore export, Hanjin Tubarao is a VLOC of 300,000dwt class. The ship is under long-term contract with steel mill POSCO and will be deployed in the transportation of iron ore from Brazil to Korea.
Attending the naming ceremony held at Hyundai Heavy Industries in Ulsan, Korea, Young Min Kim, president and ceo of Hanjin Shipping commented, “We are delighted with the delivery of our first ore carrier and that we secured long-term contract with one of the world’s major clients.” He added, “It will not only contribute to improving our profitability but also be a milestone for us as we continue our efforts to develop our bulk business.”