Belships ASA extends charter for Belforest with Cargill

Cargill has extended the c/p for Belforest for another 11-13 months from 3 October, which will generate an EBITDA of USD 2 million over the average period, the company said in its press release. Cargill, headquartered in Geneva, operates one of the world's largest dry bulk fleets with over 500 vessels under their control at any one time. Belships has developed a close relationship with Cargill, having both Belocean and Belforest chartered to them.