d’Amico Dry Cargo has fetched a one-year fixture for a kamsarmax bulker at a rate higher than recent market assessments.
The Italian company, a unit of diversified shipowner d’Amico Group, has fixed the 81,800-dwt Medi Egadi (built 2018) for a year at $15,500 per day. The charterer, Singapore’s Berge Bulk, plans to take delivery of the vessel in China’s Port of Changjiangkou on 23 October.
Berge Bulk may redeliver the ship anywhere in the world at the end of the charter, which includes scrubber benefits to the charterer, according to the Baltic Exchange.
Cesare d’Amico-led d’Amico Dry is the bulker division of d’Amico Group, which shipbroker Clarksons links to a fleet of 40 ships.
Its most recent charter outperformed recent assessments by Clarksons Research, which showed an average daily charter rate for an 82,000-dwt kamsarmax on a one-year deal at about $14,300 per day on 13 October, down from nearly $15,300 per day on 15 September.
One-year deals have not been the norm lately in dry bulk shipping, according to exchange data.
The exchange last listed a charter of that length about three weeks ago when Diana Shipping fixed the 60,362-dwt ultramax DSI Pyxis (built 2018) at $14,250 per day to ASL Bulk Marine in late September for about a year.
The exchange has shown six dry bulk period fixtures that range from four months to seven months since that time.
