The $600 mn Coal and Oil has entered into a long-term shipping agreement with $5 billion Korean company STX Pan Ocean to carry coal for Coastal Energen. The ten-year-contract will commence from 2012 and STX Pan Ocean is in the process of placing new building ship orders for three to four geared ‘kamsarmax’ bulkers (82000 DWT) to service the business.
Green Marine
about 16 years ago
Coal & Oil enters into shipping contract with Korean firm
The $600 mn Coal and Oil has entered into a long-term shipping agreement with $5 billion Korean company STX Pan Ocean to carry coal for Coastal Energen. The ten-year-contract will commence from 2012 and STX Pan Ocean is in the process of placing new building ship orders for three to four geared ‘kam
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