Eight of the ships will be built by South Korean shipbuilder STX Offshore & Shipbuilding in Jinhae for STX Pan Ocean, which signed a 25-year contract with Vale in 2009.
Eight of the ships will be built by South Korean shipbuilder STX Offshore & Shipbuilding in Jinhae, South Korea, and Dalian, China. The shipping company, STX Pan Ocean, signed a 25-year contract with Vale in 2009.