Diana fixes panamax bulker to Transgrain

Diana fixes panamax bulker to Transgrain

Diana Shipping has fixed one of its panamax bulk carriers on an eight- to 11-month timecharter to Transgrain Shipping (Rotterdam).

The Alcyon (75,247 dwt, built 2001) was fixed at $7,600 per day, minus a 5% commission paid to third parties, and commenced its charter on August 22.

“This employment is anticipated to generate approximately $1.82m of gross revenue for the minimum scheduled period of the time charter,” the NYSE-listed company said today.

The new contract has been fixed at a slightly lower rate than the $7,750 per day (minus 5%) the vessel was earning on its previous timecharter to EDF Trading, which commenced on December 21, 2012 and terminated on August 6 this year.

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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