Norway's Torvald Klaveness has continued to win bulker business from Indian steel group Arcelor Mittal.
It will ship 10 cargoes on panamaxes from South America and 10 on panamaxes from West Africa, all to northern Europe.
This involves a total volume of 1.4m tonnes of iron ore in 2018, it said.
"We are pleased that Arcelor Mittal, one of the leading steel and mining companies, have chosen to continue their long-lasting relationships with Klaveness," it added.
