Safe Bulkers is making good on its prediction five months ago that charterers would start fixing bulkers for at least three years towards the end of 2021.

The Polys Hajioannou-led owner has placed a second capesize on a three-year charter since Monday, the latest being the 181,400-dwt Lake Despina (built 2014).

The New York-listed company has fixed the vessel at $22,500 per day and will get a one-off $3m payment when the charter begins at some point between the end of January and May.