<p>HMM has signed a long-term iron ore transportation contract with Brazilian mining giant Vale worth approximately KRW4.7trn ($3.4bn), further strengthening the Korean carrier’s push into stable long-duration dry bulk business. The agreement will run for 25 years per vessel, with transportation commencing in 2030. It is HMM’s third major long-term contract with Vale, following two &#8230;</p> </p><p><p>https://splash247.com/hmm-locks-in-3-4bn-vale-iron-ore-contract/</p></p>