Klaveness announced earlier today that the Company is 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.

Klaveness awarded 1 million metric ton sulphur CoA
Caption: Combination carrier MV Balboa - Image courtesy of Klaveness

This CoA complements Klaveness existing trades, and enable improved service towards Company’s 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 Klaveness trading portfolio and this CoA enhances Company’s flexibility to reposition pool vessels to the Atlantic.

Source: Klaveness