The New York-listed company said the 25,100-dwt Nave Cosmos (built 2010) and the23,100-dwt Nave Polaris (built 2011) will bank $12,188 per day for an extra sixmonths, finishing in the third quarter of 2013, with 40% profit sharing.

There is also an option for a further half-year period.

The ships won 12-month extensions last December at $11,700 per day. The pay rise meansthe company will pocket around $179,000 more for the ships over the charterperiod.

Navios