ICBC Leasing (ICBCL) has revealed the ceiling rate on a set of long-term kamsarmax charters with US grain trader Bunge, and at $15,000 per day it is better than the market thinks.
But specifics of a profit sharing arrangement above the ceiling are still under wraps.
TradeWinds reported in February on a quartet of kamsarmax newbuildings that the Beijing-based lessor in co-operation with Shandong Shipping Corp was planning to order at a price of $27m...
