Owners continue to lock in short period work for panamax bulkers in a market that again showed moderate improvement today.

Pacific Carriers and Evripos Shipmanagement took short term cover as the Baltic Dry Index closed in on 600 points.

Cobelfret has hired Pacific Carriers 75,700-dwt Ikan Bilis (built 2003) on a four to seven month charter at $5,500 per day.

Graincom has fixed the 74,400-dwt Maria Theo (built 2000) on a four to six month deal at $5,350 daily, the Baltic Exchange said.

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