On Tuesday the trader fixed the 177,000-dwt Voyageurs (built 2005) on a relet from Cargill for up to 14 months, according to the Baltic Exchange.

The fixtures carries a day rate of $14,100, which is well above the current $8,753 average capes are commading in the spot market on the heels of an 11 day losing streak.

The Voyageurs is the second cape SwissMarine has relet from Cargill in recent weeks.

Earlier