Anglo American Bags Time Charter for LNG-fuelled Cape Series

Anglo American announces the award of a ten-year charter contract for four LNG fuelled capesize+ vessels, introducing LNG into its chartered fleet for the first time.
The new build LNG vessels offer significant environmental benefits to eliminate the release of unburnt methane.
The fleet will be built by Shanghai Waigaoqiao Shipbuilding in China, with U-Ming Marine Transport to own the newly designed LNG fuelled bulk carriers.
The fleet will carry up to 5 million t/yr of iron ore from Anglo’s...