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2011 October 11   10:16

STX Pan Ocean secures $246m woodpulp shipping contract

STX Pan Ocean has secured a $246m contract of affreightment (COA) to ship woodpulp. The South Korean shipowner and operator has inked a three-year COA with Fibria Celulose from 1 January next year. Under contract, worth about $24m, the company will load woodpulp in Brazil, Seatrade Asia online reports.

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