The contracts with Great White Fleet run for a fixed periodof 4.5 years from June, Oslo-listed parent company Siem Shipping announced today.

It did not reveal the terms of the deals but said they hadbeen secured at a “profitable” rate. 

Chiquita recently merged with Fyffes to form a banana superpowerworth $1bn.

Streamlining shipping operations will be a key part of cuttingthe group’s costs by $40m, they said following the deal.