Low-profile Greek owner Fundador Naviera has fixed 2011-built panamax bulker Sasebo Ace to a new time charter contract with Denmark’s Norden.
The charter is for 12-14 months at a rate of $13,250 per day, slightly higher than the $13,000 per day Norden was paying on the previous charter for the vessel.
The employment is anticipated to generate around $4.77m of gross revenue based on the minimum time charter period.
Fundador Naviera has a fleet of three panamax bulkers, the other two vessels in the fleet being the 2014-built pair Sasebo Eco and Sasebo Green.