Constructed at the Yangzijiang shipyard, the first VLOC was named “FMG Nicola”, with the ship due to set off for Fortescue’s Herb Elliot Port in Port Hedland shortly.
FMG CEO Nev Power said the inaugural VLOC FMG Nicola was the culmination of the hard work, ingenuity and dedication of Fortescue’s team.
“The VLOC fleet is a natural extension of our supply chain and will play a significant role in increasing efficiencies at our port and lowering costs,” he said.
“They also reflect and strengthen Fortescue’s close relationships in China, our largest market.”
Power said all up eight VLOCs were due to be built, with FMG Grace, FMG Sophia and FMG Sydney under construction at Y...