Cargill takes Diana Shipping cape on time charter

Cargill takes Diana Shipping cape on time charter

Greek dry bulk owner Diana Shipping has sealed a time charter contract with Cargill International for 2007-built capesize Semirio.

The charter commences July 1 and is for a period of 15-18 months at $16,000 per day. The vessel was previously on charter to Hong Kong’s Pacific Bulk Cape at a rate of $20,050 per day.

Diana Shipping says the charter will generate around $7.2m of revenue based on the minimum 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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