The 81,000-dwt Seatrust (built 2013) has been taken by an undisclosed charterer at $6,250 per day. The rate likely covers operating, but not capital costs, for a ship that was purchased as Liberty Dawn in March for $13m. The spot market for panamaxes stood at $4,800 per day on Wednesday.

Another Greek owner, Trade & Transport has fixed out its 82,000-dwt Trade Quest (built 2016) for a year to Louis Dreyfus & Cie at what is believed to be $6,500 per day.

KC