Diana Shipping fixes bulker pair

Diana Shipping fixes bulker pair

Diana Shipping has fixed two of its bulkers on time charter, generating around $4.76m based on the minimum time charter periods.

2013-built kamsarmax Astarte has been fixed on a time charter contract with Glencore Agriculture for a period of 14-17 months at a rate of $9,000 per day. The charter commences on June 12.

Astarte, formerly named Seatrust, was acquired in April along with two post-panamax bulkers and delivered to Diana last week.

Phaethon International Company has taken 2004-built panamax bulker Erato on time charter for a around five months at a rate of $7,250 per day. The charter commences immediately.

 

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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