Greek owner Costamare Bulkers Holdings Limited has signed a strategic cooperation agreement with Cargill International S.A.
The New York-listed dry bulk
Greek owner Costamare Bulkers Holdings Limited has signed a strategic cooperation agreement with Cargill International S.A.
The New York-listed dry bulk owner said the agreement will see it transfer to Cargill the majority of its trading book comprising of chartered-in vessels, cargo transportation commitments as well as derivative positions.
Under the deal, the company has also agreed to charter to Cargill four supramax vessels for a period of four to six months and to enter into a bunkering services agreement with Seascale Energy (a joint venture between Cargill and Hafnia), covering the owned and operating fleet.
Meanwhile, the Greek shipowner will
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