Luebeck-based Oldendorff topped the league ahead of Rio Tinto, with Cargill slipping to third place, Bloomberg says.
Oldendorff booked 273 bulkers on the spot market in 2012, down from 392 in 2011, the newswire reports.
Rio’s tally of 233 ships, including 223 iron ore charters, saw it claim second spot as Cargill cut back activity.
The trader took 231 bulkers in 2012, down from the 301 it booked in the previous 12 months.
STX Pan Ocean, which is currently for sale, saw its activity come down by 52% to 114 spot deals in 2012. This saw it fall from third place.
According to the report there were 4,716 bulkers reported fixed in the spot market in 2012, down from 5,472 reported deals a year earlier.