The vessel is understood to be getting a premium over standard-size capesizes because it is a forward delivery in September.

A normal capesize with prompt delivery would today only get in excess of $20,000 per day for such a period.

There are few period charter deals reported for newcastlemaxes, which often are ordered on the back of long-term employment.

But some deals go unreported, with both BHP Billiton and Oldendorff Carriers concluding period deals that have slipped under the radar, TradeWinds is told.

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