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St. Magnus House
3 Lower Thames Street
London EC3R 6HE
|Tel:||+44 20 7398 0720|
|Fax:||+44 20 7626 1173|
ArcelorMittal Shipping was incorporated in 1995 to facilitate ArcelorMittal’s growing shipping requirements. Today, the company manages five modern Panamax dry cargo vessels, which are owned by ArcelorMittal companies. The Group also owns one capesize vessel.
ArcelorMittal Shipping provides chartering services for the Group’s manufacturing operations. Its expertise in global shipping and international freight rates, together with its innovative approach to freight forwarding, make its services highly sought after.
The Group’s customers are major beneficiaries of ArcelorMittal Shipping’s services. Its competitive freight rates reduce the end cost of products sold. Its market leadership and the presence of its own officials to provide assistance with port logistics help to ensure easy and timely product delivery.
ArcelorMittal Shipping is growing rapidly and is expected to surpass an annual cargo of 25 million tonnes by 2005. It continually surveys new opportunities for buying or chartering more vessels and expand the fleet. It is also involved in the launch of a shipping portal with major shipping industry participants to provide chartering services to the dry and wet market.