{
  "id": 6235892,
  "title": "HMM secures $3.5 bil. shipping contract with Brazil's Vale",
  "url": "https://urgent.news/2026/09/08/hmm-secures-3-5-bil-shipping-contract-with-brazils-vale",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-08T04:57:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20260908/hmm-secures-35-bil-shipping-contract-with-brazils-vale"
  },
  "original_language": "en",
  "account": null,
  "summary": "Korean shipping company HMM has secured a $3.5 billion long-term shipping contract with Brazilian mining giant Vale. The deal involves transporting bulk cargo for Vale using eight newly built vessels, which will be delivered sequentially from 2030 and operated under 25-year contracts. HMM's third major contract with Vale, the eight 210,000-ton Newcastlemax bulk carriers will feature tri-fuel propulsion engines and environmentally friendly technologies, such as rotor sails, to improve fuel efficiency and reduce carbon emissions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "HMM secures 4.7 tln-won shipping contract with Brazil's Vale",
        "url": "https://urgent.news/2026/09/08/hmm-secures-4-7-tln-won-shipping-contract-with-brazils-vale",
        "published": "2026-09-08T04:42:57.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "HMM secures $3.5 bil. shipping contract with Brazil's Vale",
        "url": "https://urgent.news/2026/09/08/hmm-secures-3-5-bil-shipping-contract-with-brazils-vale-6237497",
        "published": "2026-09-08T05:12:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}