Diana Shipping fixes panamax at higher rate

Diana Shipping fixes panamax at higher rate

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Korea’s Unico Logistics for panamax dry bulk vessel Maera.

The 9-11 month charter commences today at a gross charter rate of $11,900 per day, substantially higher than the $8,500 previously being paid by Dutch firm Transgrain Shipping.

The 2013-built Maera will earn Diana Shipping around $3.21m based on the minimum scheduled time charter period.

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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