Koch Shipping is reportedly releting a capesize bulker it has on a 10-year time charter from Greek owner Safe Bulkers.
The 184,000-dwt Lake Despina (built 2014) has been fixed for 11 to 14 months by SwissMarine at $14,500 per day, European brokers said.
Koch is paying Safe Bulkers $24,376 per day.
The company is expanding its presence in the capesize sector and now controls 11 units.
