MV Melbourne//Newcastle Wheat

22nd July 2017 –Basis Commodities assisted a key client recently with their procurement of high quality Australian wheat. The Panamax vessel loaded at Newcastle in New South Wales and successfully completed its voyage and discharged the cargo on arrival in the Red Sea. This was the first time the client had chartered a vessel in their own name which allowed them more control over the vessel as well as achieving a better commercial outcome on a Cost and Freight Basis.