Complete Maritime Profile & Reviews of Cape-Ray

In an exciting development within the maritime transport sector, Hyundai Glovis has successfully finalized a new trip charter deal. The charter involves the transportation of 170,000 tons of ore from Tubarao, Brazil, to Qingdao, China, at a competitive freight rate of $12.95 per ton, on a free-in-and-out (FIO) basis. The loading process is set to take place over three days, from August 15 to August 18, with a discharge quantity of 30,000 tons. This deal highlights the ongoing demand for ore transport in global shipping routes and underscores Hyundai Glovis's pivotal role in the industry.

In a recent deal, a vessel has been chartered to Oldendorff for a duration of one year at a rate of $10,900 per day. This strategic agreement underscores Oldendorff's commitment to expanding its fleet and enhancing operational capabilities in the maritime industry.