No one can accuse Cargill of not putting its money where its mouth is. The privately owned US commodities trading giant certainly has the cash to make a point, with net earnings of $2.8bn on revenues of $109bn last year.

Just this month, Cargill’s shipping boss, Jan Dieleman, told TradeWinds: “For us, the three things central to the vision we have are to be more profitable, modern and green.