Hanjin Shipping has received its first ore carrier - the 300,000 ton Hanjin Tubarao.
The Very Large Ore Carrier (VLOC) is under long-term contract with POSCO, and will be deployed in the transportation of iron ore from Brazil to Korea.
According to Young Min Kim, president & CEO of Hanjin Shipping, the new ore carrier is a milestone in the carrier's efforts to develop its bulk business.
Hanjin Shipping recently took delivery of its first 300,000 ton Very Large Crude Carrier.
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