CMES Inks $2.8bn 25-Year Simandou Iron Ore Shipping Contract – News and Statistics
Sep 30, 2026 China Merchants Energy Shipping has secured a significant position in the developing Simandou iron ore trade through a long-term transport agreement valued at a minimum of $2.8bn, according to Splash247. The Shanghai-listed company, also known as CMES, said its dry bulk division Hong Kong Ming Wah signed the 25-year transportation agreement covering…
