# EMSTEEL and Oldendorff Carriers sign five-year freight agreement

EMSTEEL Group and Oldendorff Carriers signed a five-year freight agreement for the import of key raw materials to the UAE, with a total indicative value of approximately AED600 million. Oldendorff will transport about 5.2 million tonnes annually of iron ore pellets.

- Type: Contract
- Announced: 2026-02-17
- Where: Abu Dhabi, United Arab Emirates
- Value: $163.0M (600.0M AED)
- Status: completed
- Capacity: 5.2 million tonnes annually of iron ore pellets
- Products: iron ore pellets, bulk shipping services
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Oldendorff Carriers](https://endata.com/companies/57268.md) (supplier)
- [EMSTEEL Group](https://endata.com/companies/90389.md) (customer)

## Sources

- [longbridge.com](https://longbridge.com/en/news/276098885), 2026-02-17: "Under the renewed agreement, Oldendorff Carriers will continue to provide dedicated and efficient bulk-shipping services for EMSTEEL's raw material imports."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.