HMM has concluded a long-term contract of affreightment with Brazil’s Vale, representing US$31 million in value. This marks the second agreement between the organizations, following a US$ 457 milliondecade-long contract finalized in May. The new arrangement establishes HMM’s iron ore transportation services utilizing five bulk carriers across a 10-year timeframe from 2026 Q2 through 2036 […] The post HMM executes transportation agreement with Brazil’s Vale appeared first on Container News .