Long-term contract of affreightment signed for minor bulk shipments
The multi-year agreement provides cargo cover for a fleet of geared bulk carriers.
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A multi-year contract of affreightment covering minor bulk shipments has been agreed between an operator and an industrial cargo interest.
The agreement provides base employment for geared tonnage and gives the cargo interest greater certainty over freight budgets.
Neither party disclosed rate levels, and this report does not estimate them.
Chartering specialists said such agreements have become more common as owners seek to balance spot exposure with contracted cover.
Source attribution
Based on reporting by Baltic Exchange: Long-term contract of affreightment signed for minor bulk shipmentsSource published 26 Aug 2026, 06:33 UTC · Retrieved 26 Aug 2026, 07:33 UTC · Editorial version generated 26 Aug 2026, 09:33 UTC · Verification: source_verified
This article is an original editorial summary. It does not reproduce the source text. See our AI & content policy.
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