![](https://splash247.com/wp-content/uploads/2015/07/Diana-Shipping-post-panamax-Amphitrite-e1595920449871.jpg)
Greek dry bulk owner Diana Shipping has sealed a new time charter with Singapore’s Pacbulk Shipping for 2015-built capesize vessel Santa Barbara .
The contract commences December 27, and is for a period of 12-14 months at a rate of $17,250 per day. The vessel was previously on charter to Cargil at $20,250 per day.
Diana Shipping says the charter will generate $6.21m revenue based on the minimum time charter period.