Koch Shipping looks to have kept hold of one of the capesizes in its initial fleet.
The Miyazaki Sangyo-owned 176,900-dwt Lowlands Erica (built 2007) was one of the first vessels taken in by the charterer last year as it looked to grow a stable of around 30 capes.
Today the Baltic Exchange reports the vessel has again been fixed by Koch Shipping on an 11 to 13 month time charter.