Excel Maritime Carriers Ltd. (NYSE:EXM), a leading worldwide seaborne transporter for dry bulk cargoes, recently improved and consolidated the time charter contracts for its fleets. The company announced that it has entered into three new time charter agreements, one for its Capesize vessel and the remaining two for its Kamsarmax vessels. The capsize vessel is fixed for 12-18 months at a gross daily rate of $17,000. However, the first Kamsarmax vessel is fixed for 22-24 months at gross daily rate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards