<p>HMM has signed a long-term contract of affreightment (COA) with Brazil’s Vale, valued at KRW430bn ($309m). This is the second contract signed between the two companies, following a KRW 636bn, 10-year deal concluded in May. Under the new agreement, HMM will transport iron ore using five bulk carriers over a 10-year period starting next April. &#8230;</p> </p><p><p>https://splash247.com/hmm-signs-long-term-contract-with-vale/</p></p>