Klaveness announced that it was awarded a 17 shipment Contract of Affreightment (CoA) of Bulk Sulphur from the Middle East to the Mediterranean.
The CoA mainly comprise of shipments in the Supramax stem sizes and will be spread over a period of 8 months, continuing until early 2018, the company said.
According to the announcement:
This CoA complements our existing trades, and enable improved service towards our clients in both the Middle East and the Mediterranean. High volume is key in providing the most competitive and reliable freight solutions and creating value for customers. Backhaul-fronthaul cross-trades is an integrated part of our trading portfolio and this CoA enhances our flexibility to reposition pool vessels to the Atlantic. Effectively this strengthens our pools even further.