Diana Shipping charters another capesize to Koch

Diana Shipping charters another capesize to Koch

Greek dry bulk owner Diana Shipping has chartered another of its bulkers out to Singapore’s Koch Shipping.

The 2011-built capesize Seattle has been fixed to Koch for a period of 14-17 months at a rate of $11,700 per day.

The charter is expected to commence on February 6, and generate around $4.91m revenue based on the minimum charter period.

Earlier in the month another capesize, 2013-built P.S. Palios, was fixed to Koch at a rate of $10,550 per day. In December, Diana also signed two new charter deals with Koch for 2015-built capesize New Orleans at $11,250 per day and newbuild newcastlemax San Francisco at $11,750 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.

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