Diana Shipping cape charter extended

Diana Shipping cape charter extended

Greek dry bulk owner Diana Shipping has agreed a deal with SwissMarine Services to extend the time charter for 2009-built capesize vessel Houston for 13 to 15 months.

The new charter, commencing today, is at a rate of $5,150 per day for the first 15 days and $10,000 per day for the remainder of the contract period. SwissMarine initially chartered the vessel on January 30, 2016 at a day rate of $5,150.

Diana says the extension will generate revenues of around $3.68 million based on the minimum time charter period.

Earlier in the week SwissMarine also extended the charter of 2005-built capesize Aliki for 11-14 months at a rate of $10,300 per day.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

Related Posts