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Pan Ocean signs $160 million iron ore shipping contract with Vale

PUBT·10/22/2026 05:55:37
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Pan Ocean signs $160 million iron ore shipping contract with Vale
  • Pan Ocean signed a KRW 211.73 billion long-term freight contract with Vale International on Oct. 22, 2026.
  • The deal covers iron ore shipments from Brazil to China and other destinations.
  • The contract runs from April 16, 2027, through April 16, 2032.
  • The contract value represents 3.9% of 2025 consolidated revenue.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pan Ocean Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261022800271), on October 22, 2026, and is solely responsible for the information contained therein.