Metalnewsnet 26 May ：

It is reported that China Guangdong Province-based Shenzhen Ocean Shipping Company a subsidiary of China Ocean Shipping Co has signed a second three year ocean shipping contract with Shanghai based Chinese steelmaker Baosteel within the scope of their long-term agreement signed in 2004.

Detailed information regarding the contract has not been disclosed.

The previous three year contract signed in 2007 related to volumes, freight charges, etc for the shipping of imports of coal and iron ore.

(from SteelOrbis)