A Greek-owned capesize bulker has been chartered at the highest period rate seen in almost a year and a half.

Alpha Bulkers’ 179,300-dwt Alpha Freedom (built 2015) was fixed to ECTP for 11 to 13 months at $14,000 per day, the Baltic Exchange reported on Friday.

In a report today, Frode Morkedal of Clarksons Platou Securities said an unnamed, high-specification, modern capesize had been fixed that that level, which he says is the highest rate seen since September 2015.

Morkedal