Oldendorff has fixed Zodiac Maritime’s super-capesize bulk carrier Cape Merlin (206,312 dwt, built 2005) on a five- to seven-month period charter for $9,500 per day.
In contrast, Noble is today reported to have fixed Star Bulk’s super-cape Star Poseidon (207,765 dwt, built 2016) in the spot market at $10,900 daily for a trip from Tianjin via Brazil, redelivering in Singapore/Japan, according to Baltic Exchange data.
Cape Merlin was, however, fixed at $100 more than what Oldendorff is paying for the super-cape it fixed in June. Hong Xiang Shipping’s Wish Star (205,797 dwt, built 2015) was fixed for six to nine months at $9,400 daily.
The Baltic Capesize Index saw another tiny rally today, thanks to slightly firmer rates and healthy chartering activity on iron ore runs from Brazil and Western Australia. Rates fell on other benchmark routes, however.
Declines seen in other bulk carrier markets caused the Baltic Dry Index to fall a further five points to 636 today.