Golden Ocean Group has become the latest bulker owner to jump on the period charter bandwagon by locking up one of its kamsarmax bulkers.

The $11,000-per-day rate on the 12-month charter shows modest firming from similar deals last week, when yearlong kamsarmax contracts fetched between $10,300 and $10,500 per day.

John Fredriksen-backed Golden Ocean reached a deal to charter its 81,600-dwt Golden Rose (built 2012) to an undisclosed charterer, according to chartering data from the Baltic Exchange.

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