Diana Shipping fixes bulker pair

Diana Shipping fixes bulker pair

Greek dry bulk owner Diana Shipping has entered into time charter contracts for two of its vessels.

Uniper Global Commodities has taken 2012-built post-panamax vessel Amphitrite on charter for a minimum of 14 months, and up to maximum 17 months. The charter has commenced this week at $5,000 per day for the first five days of the charter period and $12,750 per day for the balance of the charter. The vessel was previously on charter to Cargill at $11,150 per day.

Diana has also entered into a new time charter contract with Phaethon International for 2006-built panamax Naias. The charter commenced on January 26 and is for 23-26 months at $10,000 per day. Phaethon was paying the same rate for the vessel on the previous charter.

Diana says the two deals will generate around $12.22m revenue based on the minimum time charter periods.

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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