The transaction totalled approximately US$178 million and this amount was received by Vale on 7 December 2017, at the delivery of the vessels.
This transaction concludes the sale of all 19 VLOCs owned by Vale and is consistent with our strategy of strengthening the balance sheet and focusing on core assets.
Harleigh Hobbs
Editor
Harleigh joined Palladian Publications in April 2015 as an Editorial Assistant for World Coal and World Cement magazines. In 2016, she helped launch two new magazines: Dry Bulk and World Fertilizer. She is now the Editor of World Coal and Dry Bulk.
Harleigh graduated from Cardiff University with a first class BA (Hons) in English Language and Communication. While in Cardiff, she completed British Sign Language level 1, 2 and 3, and is currently completing level 4.
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