Dry CargoEurope

Diana fixes panamax pair

Athens: Diana Shipping has announced a couple of charter deals. It has chartered out a panamax bulker to Cargill for $6,800 day minus a 4.75% commission. The Naias (73,546 dwt; built 2006) will go on charter to Cargill for between 10 to 13 months.

Also, Diana has chartered another panamax bulker to Denmark’s Norden for 11 to 14 months. The Thetis (73,546 dwt; built 2006) has been fixed at $7,000 a day, minus a 5% commission.

Both ship deals should generate $4.35m in gross revenue for the minimum scheduled period of the time charters.

Diana’s fleet currently consists of 41 dry bulk vessels equating to 4.7m dwt with one more capesize due to deliver next month as well as a kamsarmax and two newcastlemaxes set to deliver next year.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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