Nasdaq-listed Greek bulker owner Icon Energy has secured fresh employment for its ultramax, locking the vessel into an index-linked deal stretching into 2027.

The Ismini Panagiotidi-led company said it agreed in March to charter out the 2020-built, 63,668 dwt scrubber-fitted Charlie to a dry bulk operator for 16 to 20 months.

The new charter is due to start once the vessel wraps up its current fixture at the end of April 2026, with redelivery expected between August and December 2027.

Hire will be tied to the Baltic Supramax Index, giving Icon exposure to market upside while still adding around $7.2m in minimum contracted revenue.

The deal also includes compensation linked to fuel savings from the vessel’s scrubber, offering an extra earnings lever if spreads hold, the company said.

Athens-based Icon, set up in 2023, runs a small but mixed bulker fleet. Alongside Charlie, it controls a 2006-built panamax and a 2007-built kamsarmax, both Japanese-built units. The latest fixture keeps the company fully employed across its fleet.