MOL signs sixth long-term bulker contract for Baoshan

MOL signs sixth long-term bulker contract for Baoshan Tokyo-based Mitsui O.S.K. Lines has concluded a sixth long-term charter agreement with Baoshan Iron and Steel Co. Ltd., China’s largest iron and steel group, for a newly built 225,000-ton bulk carrier.
   The ship will be built by Namura Shipbuilding Co. Ltd., and will be launched between late 2011 and early 2012. The ship will carry iron ore from Western Australia to Shanghai.
   MOL also has contracts with Baoshan Iron and Steel, for three 200,000-ton coal and iron ore carriers that started service in January, March, and April 2007, a 230,000-ton type vessel that will be launched in early 2009, and a 300,000-ton type carrier that will also go into service in early 2009.