Dry CargoEurope

Diana fixes capesize newbuilding and panamax bulker

SwissMarine Services has chartered Diana Shipping’s capesize newbuilding New Orleans (currently Hull No. H1364) for 11 to 15 months at a daily rate of $11,650, minus a 5% commission for third parties.

The charter is expected to commence when the 180,000-dwt vessel is delivered in November from China’s Shanghai Waigaoqiao Shipbuilding.

The rate shows progress on the last reported capesize period charter of this length. Last week, Anglo American the Samjohn Solidarity (180,702 dwt, built 2010) on an 11- to 16-month timecharter for $10,600 daily.

Separately, Diana’s panamax bulk carrier Melia (76,225 dwt, built 2005) has been fixed to Italy’s Nidera on a 13- to 16-month timecharter. The reported rate is $7,200 per day, minus a 5% commission, commencing by the end of the month.

“The employments of New Orleans and Melia are anticipated to generate approximately $6.65m of gross revenue for the minimum scheduled period of the time charters,” Diana said.

Last week, Diana chartered its panamax Melite (76,436 dwt, built 2004) to Cargill International for 11 to 14 months at the slightly higher rate of $7,250 per day, minus 4.75% commission.


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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