Cargill capesize fixture at low $1,250 per day

Liz McCarthy - Monday 24 November 2008

US-BASED commodities multinational Cargill has chartered a capesize vessel for $1,250 per day, writes Liz McCarthy.

The rate is one of the lowest Cargill has paid for a capesize vessel in the last 10 years.

The Baltic Exchange reported that Cargill fixed the 171,218 dwt, 2003-built CIC Elli S from the Chinese port of Zhanjiang around November 27-...

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