The very large
ore carrier (VLOC) Stellar Daisy owned and operated by South Korea's Polaris Shipping based in Busan was sailing from Brazil to China carrying iron ore when it sent a distress signal to the ship operator on Friday, Yonhap said.
"We are extremely proud to announce the completion of this project which saw the Olympic Luck converted from an Oil Bulk
Ore carrier to a Very Large Crude Carrier," he said.
In May 2011, a Great Lakes
ore carrier was renamed the Hon.
And so began a protracted legal case which came to a head last weekend, when a Chinese court ordered the seizure of an iron
ore carrier owned by the successor to the original Japanese company in compensation for the loss of the two Chinese vessels.
Buyers who paid up to around $100 million for a 180,000 dwt Capesize
ore carrier at the top of the market would need a daily charter rate of $44,000-$45,000 to break even, still well above current rates.
Travel Business Review-October 22, 2012--Vale - The world's largest
ore carrier docks at port in the Philippines for the first time(C)2012] ENPublishing - http://www.enpublishing.co.uk
The addition will also allow the buyer to boost its presence in the capesize and very large
ore carrier sector, as well as increase its revenues, DryShips added.
Global Banking News-July 20, 2011--Vale Brasil the world's largest
ore carrier, discharges in Taranto(C)2011 ENPublishing - http://www.enpublishing.co.uk
Yesterday we were on a Chinese
ore carrier, filming the ore being put on the carrier."
In 1956, the 30,000-ton
ore carrier Leader was the largest of her type in the world.
For the transportation services, Nippon Yusen said it plans to use a 300,000-ton
ore carrier that will be completed in 2011 by Nantong Cosco KHI Ship Engineering Co.
When the
ore carrier dropped to the bottom of Lake Superior during a storm on the evening of Nov.