The Swedish based short-sea shipowner AtoB@C Shipping and Norway headquartered Yara International, a large crop nutrition company and a provider of environmental and agricultural solutions, have extended the already existing contract of affreightment (COA) until 2033.
The extended contract of affreightment ensures that AtoB@C Shipping will continue to serve Yara’s factories across Northern Europe, reinforcing the companies’ decades-long partnership, as the shipowner states.
The Green Coaster vessels – about 5,400 mt Dwat – in the company’s fleet are optimized for a variety of bulk and breakbulk products, AtoB@C said.
Frida Rowland, commercial director of AtoB@C Shipping, said: “The contract extension is a testament to long-term demand from the Nordic industry. This collaboration between AtoB@C Shipping and Yara is a testament to the evolving landscape of industrial transport, where sustainability is becoming a key driver of long-term partnerships.”
“AtoB@C Shipping is part of Yara’s Core-Owner group and we are pleased to extend our good cooperation with AtoB@C Shipping and continue working together for long-term solutions to improve efficiency and reduce emissions of our maritime transports which is in line with Yara’s Core-Owner policy,” pointed out Norbert Huys, senior manager of short sea chartering at Yara Maritime Logistics.
