Rio Tinto Signs Iron-Ore Tug Boat Deal With Westug
July 10 2018 - 9:21PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC (RIO.LN) said it has signed a new US$156
million contract with Westug for tug boat services at its iron-ore
ports at Cape Lambert and Dampier in remote northwest
Australia.
Under the five-year deal, Perth-based Westug will handle the
operations and maintenance of Rio Tinto's 11-vessel tug fleet at
those sites, as well as four smaller craft, the mining company said
in a statement.
The four terminals at Rio Tinto's Cape Lambert and Dampier ports
in Western Australia's Pilbara region handled a combined 330.1
million metric tons of iron ore shipments last year.
-Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
July 10, 2018 21:06 ET (01:06 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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