New vessel type to speed Guinea-China iron ore trade

AI Summary

China's CSSC Chengxi Shipyard delivered the first of five self-unloading transshipment vessels to move iron ore from the Simandou development in Guinea. The new 41,800 dwt vessel, Wontanara, is owned by SimFer and aims to expedite the West Africa to China iron ore trade.

The dry bulk conveyor belt from West Africa to China has a new ship type to speed deliveries of iron ore. China’s CSSC Chengxi Shipyard has delivered Wontanara, the first of five transhipment vessels built to move iron ore from the Rio Tinto-led Simandou development in Guinea. The 41,800 dwt self-unloader is owned by SimFer, …