Pan Ocean locks in $340M in long-term iron ore transport deals

Pan Ocean has clinched US$340 million worth of long-term contracts with Vale and Hyundai Glovis, strengthening its position in bulk logistics. These deals secure multi-year transport of iron ore—a critical input for global industry—highlighting the strategic importance of stable maritime supply chains amid ongoing geopolitical and economic uncertainty.

For logistics leaders, this is a timely reminder that locking in long-term contracts isn’t just about stability—it’s about future-proofing global operations in a volatile market.

Read the full article to see how these deals could reshape freight strategy.