In a statement Nasdaq-quoted Pangaea said the deal calls for the transportation of two million tons of “steel-related products”.
The operator pointed out that the first shipment is scheduled in commence in 2016 and will involve the carriage of cargoes from the Gulf of Mexico to Central America.
“We are extremely pleased to announce this accretive COA at a time where broader market fundamentals are still facing significant headwinds,” added chief executive Ed Coll.
“Our
