Shipbrokers say Cargill paid $7,000 per dayto pick up the 180,000-dwt Anangel Seafarer (built 2011) for a trip that willsee the unit travel from Cape Passero through the Gulf of Aden with redelivery expectedin the Cape of Good Hope.

In addition, the 180,000-dwt Anangel Merchant (built 2010) fetched $9,250per day for a voyage from the East Coast of Australia to Singapore and Japan.The charterer remains a mystery.

The levels are above the current average according to an assessment from theBaltic Exchange, which says capesize bulkers are currently earning around$6,300 per day in the spot market.

The figure represents 1.6% increase from rates reported Tuesday and isroughly 26% higher than those turned in seven days ago. This time last yearcapes were seeing daily averages of roughly $8,800, according to Global HunterSecurities.

Market insiders say the recent spike is a result offresh coal and iron ore cargoes but many fear the uptick will be short-liveddue to the ongoing glut in global fleet capacity and note levels are stillbelow breakeven for most operators.

Click HERE to read more about the latest spot market fixtures in TradeWinds' daily dry-bulk chartering report