Danish owner Norden has landed its biggest ever bulker contract.
The company said it has signed a 10-year deal to carry coal to the Philippines for GNPower Mariveles Coal Plant on Luzon Island.
It will transport between 20m and 24m tons to the power station, starting in the first quarter of 2017.
"In terms of volume, this makes it the largest contract in the history of Norden," it said.
