Nasdaq-listed CPLP says the 50,000-dwt Active (built 2015) has been hired by Cargill, a new customer for the MLP, for two years at $17,700 per day.

Sponsor Capital Maritime has agreed to release the vessel from a contract that was priced at $17,000 daily with profit share in order to begin work with Cargill.

At the same time Capital Maritime has renewed deals on two other CPLP vessels at higher rates.