Four midsize bulkers have charters for around a year or more as market assessments for period deals regained ground.
Diana Shipping has fixed the 60,309-dwt ultramax DSI Andromeda (built 2016) at $13,500 per day for anywhere from 15 to 17 months to trader Bunge.
The New York-listed owner of 40 bulkers expects to make $6.03m in revenue from the minimum period of the charter, which is scheduled to start on 24 November.
The vessel will come off a one-year charter to Western Bulk Carriers at $14,200 per day that is set to end on 23 November, according to information on Diana’s website.
The daily rate Bunge will pay for the ship is slightly lower than what Western Bulk is currently paying for the ultramax.
But the charter is in line with Clarksons’ assessment of a one-year charter for an ultramax in the Pacific at $13,700 per day on Friday, which marked a 10.5% rebound from the prior week.
Late last week, three kamsarmaxes were fixed on period charters at daily rates that were above Clarksons’ Friday assessment of $14,000 per day for such vessels put on one-year charters, which was higher than the $13,750 per day rate of the prior week.
On Friday, Louis Dreyfus Armateurs fixed Nisshin Shipping’s 82,300-dwt newbuilding Success Trader (built 2024) at $14,250 per day for a year.
The trader plans to take delivery of the ship from Jiangsu Hantong Shipyard in China’s Nantong City in the second half of January and may redeliver it anywhere in the world at the end of the charter.
That same day, Norvic hired Santoku Senpaku’s 82,000-dwt ETG Aquarius (built 2022) at $14,750 per day for one year after taking delivery of the vessel off Vietnam from 24 to 30 December.
On Thursday, EP Resources fixed Safe Bulkers’ 81,800-dwt Rizokaparso (built 2023) at $17,000 per day for 11 to 14 months after taking delivery of the bulker at Japan’s Oshima Shipyard.
