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Cargill Takes Share in RightShip
NEW YORK - Sep 6/06 - SNS -- Cargill bought a one-third interest in Australia's ship vetting company RightShip Pty Ltd. Shares were sold in equal amounts by founding partners, BHP Billiton and Rio Tinto.
RightShip Pty Ltd was formed in 2001 as a boutique ship vetting company, aiming to lift standards in dry bulk vetting and overcome worldwide marine quality issues.
RightShip offers online evaluations of vessels, to give immediate support to business decisions about the charter of ships. For an attractive annual fee, clients get unlimited 24-hour access to the simple to use, web-based system.
Today RightShip vets dry bulk, petroleum, gas and liner ships for industry users worldwide, including shippers, ship-owners, operators, ports and insurers. The database currently contains details of over 52,000 ships in the world fleet.
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