The rapidly expanding Hong Kong-listed bulker owner achievedaverage daily earnings of $9,550 net on 14,410 handysize revenue days, it saidin a third quarter trading update.
That figure is 27% higher than the $7,500 per day average seen inthe spot market during the period.
Handysize spot rates should trend upwards during the fourthquarter thanks to seasonally stronger demand combined with reduced newbuildingdeliveries, it said.
