Greek dry bulk owner Diana Shipping has sealed a new time charter contract with Glencore Agriculture for 2014-built ice class panamax bulk carrieer Crystalia.
.The charter commenced earlier this week and is through to between July 1, 2021 and September 30, 2021 at a gross charter rate of $8,750 per day. Glencore was previously paying $10,500 per day.
The contract is worth around $3.49m based on the minimum charter period.
Separately, Diana Shipping announced that it has signed a term loan facility with ABN AMRO Bank for $52.885m which will be used to combine the two loans outstanding with the lender and extending the maturity to June 2024.
