In a statement the New York-quoted operator said K Noble Hong Kong hired the 171,800-dwt Salt Lake City (built 2005) for up to two years.
The owner noted earnings will be based on the performance of the Baltic Capesize Index (BCI), which is administered by the Baltic Exchange.
“The daily gross charter rate will be 3.5% above the BCI average of the four pre-determined time charter routes as published by the Baltic Exchange minus a 5% commission paid to third parties,” Diana explained.
“The
