Two capesizes fixed on period charters, plus a Diana panamax

Two capesizes fixed on period charters, plus a Diana panamax

Today saw more fixtures reported within the period market for bulk carriers with larger tonnages, including two capesizes.

Louis Dreyfus is reported to have booked Eastern Pacific Shipping’s brand-new capesize Mount Bolivar (181,070 dwt) on a three- to six-month period charter at $9,250 daily, according to Baltic Exchange data.

The vessel was delivered in March from Japan’s Imabari shipyard and will deliver promptly to the charterer at Caofeidian in Bohai Bay, China.

Angelicoussis-led Anangel Maritime Services has reportedly fixed its cape Anangel Merchant (179719 dwt, built 2010) to Oldendorff for seven to ten months at $10,800 per day.

The ship will be delivered to the charterer at Algeciras, Spain between July 9-14.

Last week, Oldendorff also fixed Hong Xiang Shipping’s super-cape Wish Star (205,797 dwt, built 2015) on a six- to nine-month contract for just $9,400 daily.

In the panamax market, Diana Shipping has fixed Oceanis (75,211 dwt, built 2001) to Rome-based Nidera on a nine- to eleven-month period charter.

The vessel was fixed at a gross daily rate of $5,200 per day, minus 5% commission, which will generate around $1.4m in gross revenue during the first nine months, Diana said. The contract commences today.

Strengthening spot markets for all tonnages helped today’s Baltic Dry Index climb 20 points to reach 660.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

Related Posts