The vessel is fixed for 10 to 15 months at $11,750 per day, which a glance looks quite healthy given the state of the market.

While there were some initial concerns about repositioning the ship, the following day it was relet to Vale at $10.35 per tonne for a Brazil-to-China voyage.

Also in the capesize segment, Cargill has extended two ships from Genco Shipping & Trading.