Archer Daniels Midland Company today announced that it has acquired five oceangoing dry-bulk commodity vessels, ranging in length between 587 and 738 feet. The five carriers provide cargo-carrying capacity between 36,000 tons and 67,000 tons and will transport all types of grain, grain products and bulk commodities to and from ports in Europe, South America, Asia and other parts of the world. “These five carriers compliment ADM’s global transportation network and allow us to ship grain throughout the world with more flexibility and lower cost than outside carriers,” said Royce Wilken, an officer of ADM Transportation.

From Ad Hoc News, October 15, 2009