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Cargill fixes Callimanopoulos kamsarmax duo on timecharter

Cargill has fixed two kamsarmax bulk carriers owned by Gregory Callimanopoulos-led companies on one-year timecharters, according to Baltic Exchange data.

Marine Management Services MC’s Trade Resource (82,031 dwt, built 2016) was reportedly fixed to the commodity trader at a rate of $7,000 daily, with a one-year extension option attached at a rate of $8,000 per day.

Trade and Transport’s Trade Will (81,712 dwt, built 2012) was also reported fixed for a year at the slightly lower rate of $6,500 daily, plus an optional one-year extension at $7,000 per day.

The vessels are the first reported fixtures Cargill has made in the period market since July 28 this year, when the trader fixed a capesize owned by Diana Shipping.

Trade Resource and Trade Will will deliver to the charterer in Lanshan, China and Taichung, Taiwan  respectively before the end of the month.

The brand-new Trade Resource was delivered from China’s Jiangsu New Yangzijiang shipyard in February.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.
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