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Diana Shipping capesize charter extended

Diana Shipping capesize charter extended

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Diana Shipping has announced that Germany’s RWE Supply & Trading has extended the time charter contract for 2014-built capesize vessels G. P. Zafirakis.

The new charter will commence on August 14 for a period of 14-17 months at a rate of $15,000 per day, more than double the previous rate of $6,500.

Diana Shipping said the extension will generate around $6.08m based on the minimum time charter period.

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Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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