You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence World News Latest Features World Americas EMEA Asia/Pacific Home News & Features World MOL Ocean Bulk Signs 25-Year Deal for Tri-Fuel Capable Ore Carriers MOL Ocean Bulk Signs 25-Year Deal for Tri-Fuel Capable Ore Carriers by Ship & Bunker News Team Friday October 2, 2026 Tweet Follow @shipandbunker The two 210,000-mt vessels will be capable of running on conventional marine oil, methanol and ethanol. Image Credit: MOL MOL Ocean Bulk has signed a 25-year contract with Vale International to transport iron ore using two new 210,000 mt ore carriers. The vessels will be fitted with tri-fuel engines capable of using conventional marine fuels, methanol and ethanol, with delivery scheduled for 2030 , MOL said in a press release today. MOL Ocean Bulk oversees the Capesize bulker business of MOL Group . The project is the first to feature 210,000 mt ore carriers with a tri-fuel propulsion system, according to MOL. The ships will mainly transport iron ore from Brazil to destinations worldwide, particularly China . They will also have an LNG- and ammonia-ready design, allowing the vessels to potentially use the fuels in the future. MOL said the vessels will incorporate energy-saving technologies and allow fuel selection based on availability, emissions performance and cost. The company will also work with Vale and other partners on the ethanol and methanol supply chain, including procurement, supply and bunkering. Ship & Bunker News Team To contact the editor responsible for this story email us at [email protected] Also in the News TotalEnergies Launches Fuel-Saving Lubricant for Marine Engines The lubricant can deliver fuel savings of up to 1.5%. Read in Full Cosco Shipping Names LPG Dual-Fuel Gas Carrier The vess