According to the Baltic Exchange, SwissMarine hired the 180,700-dwt Navios Lumen (2009) for up to 15 months.

The organisation claims earnings will be based on the performance of the Baltic Capesize Index (BCI).

In a daily market briefing it noted vessel will rake in an indexed rate that is 5% higher than the average achieved by tonnage tied to the BCI 4 route.