K Line (India), an affiliated company of Japan's K Line, has signed a long term consecutive voyage contract (CVC) with JSW Steel utilising a supramax bulker.

The contract will start in April 2014 and run for eight years, according K Line.

"The nominated vessel under this CVC will be allocated to mainly coastal trade in India and carrying a variety of cargoes such as iron ore, limestone and coal,” K Line said in a statement.