Another Win for Navios in Vale Contract Dispute

New York arbitration tribunal has ruled in favor of Navios South American Logistics, part of Greek dry bulk shipping company Navios Maritime Holdings, on a dispute with Vale International S.A. regarding the termination date of a contract of affreightment.

NS United to Carry Iron Ore for Vale

Japan-based marine company NS United Kaiun Kaisha has received a 25-year contract of affreightment for the transportation of Brazilian iron ore from Brazilian mining giant Vale S.A.

Vale Sells Four Capesize Bulkers to Polaris Shipping

Brazilian mining giant Vale S.A. has concluded the talks with shipping company Polaris Shipping for the sale of four Capesize bulk carriers.