Diana Shipping capesize extended by Koch

Diana Shipping capesize extended by Koch

Greek dry bulk owner Diana Shipping has sealed a new time charter contract with Koch Shipping for 2013-built capesize P. S. Palios for 13- to 15-months.

Koch will be paying $17,350 per day for the vessel commencing from May 24, a much higher rate than the $10,550 per day it was previously paying for the vessel.

Diana says the charter will generate $6.51m of revenue based on the minimum time charter contract.

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.

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