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China Shipping charters Diana bulk carrier

Athens: Hong Kong-based China Shipping Bulk Carrier Co has timechartered one of Diana Shipping’s panamax bulk carriers for 10 to 14 months.

The Calipso (73,691 dwt, built 2005) was fixed at $6,000 per day, minus 5% commission for third parties. The charter starts tomorrow.

Diana expects the contract to generate around $1.8m in revenue for the minimum period of the timecharter.

Calipso was previously employed on a two-year timecharter to Cargill, which was fixed at a rate of $8,100 per day on July 1, 2013.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.
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