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Tuesday, May 24, 2011 Cargill to use new electronic dry-bulk trading platform The U.S. -based food giant Cargill Inc. is reportedly going to use the Baltic Exchange’s new Baltex electronic trading platform for dry-bulk-shipping derivatives as of June 8 when the new system officially launches. Cargill, which accounts for close to one fifth of dry bulk derivatives, will have traded close to 200 million metric tons of commodities by the year ending May 31, according to Andy James, transportation head of derivatives in a Bloomberg Businessweek report. For the full Bloomberg Businessweek story: www.businessweek.com More Newswire stories Green container floors: Maersk to shift to bamboo State security clearance no longer required for port workers in Florida Descartes releases Port Flow Control CMA CGM christens 11,400-TEU ship in Dunkirk HP touts Touchpad to outpace iPad as top tablet	Click to browse past stories on these topics: Logistics Ports & Infrastructure Economic Outlook Environmental Impact Technology
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Cargill to use new electronic dry-bulk trading platform