Two bulkers have snared charters of about two years in the past week as period rates take on an upward trend.

Diana Shipping has chartered the 181,000-dwt capesize New Orleans (built 2015) to Japanese operator K Line for 20 to 23 months at $20,000 per day, starting 7 December.

New York-listed Diana expects to make $12.2m in revenue from the charter’s minimum scheduled period.

The period rate that Diana will get from the K Line fixture is much lower than the $32,000 per day that was earned during the 20-month charter to Englehart CTP Freight that ends on 7 December, according to data on Diana’s website.

But it is considerably higher than Clarkson Research’s 24 November market assessment of $17,000 per day for one-year capesize fixtures, an estimate that has steadily improved from $13,000 per day three weeks ago.

A week earlier, First Steamship fixed the 82,800-dwt panamax Ever Shining (built 2021) to Hong Kong-based Goldbeam Shipping Co for two years at $14,500 per day, according to the Baltic Exchange.

Goldbeam is scheduled to take delivery of the vessel in December in the Far East and may redeliver it anywhere in the world at the end of the charter.

The period rate is in line with Clarksons Research’s 24 November market assessment of $14,500 per day, an appraisal that has risen weekly from $13,250 per day on 3 November.

Notably, the 81,800-dwt panamax newbuilding Ammoxostos is scheduled to start a roughly one-year fixture in mid-January at $18,000 per day with an undisclosed charterer upon leaving Oshima Shipbuilding’s yard in Nagasaki.

The charterer may redeliver the ship to the owner, which is also undisclosed, anywhere on earth at the end of the charter.