Diana Shipping fixes capesize to Pacbulk

Diana Shipping fixes capesize to Pacbulk

Greek dry bulk owner Diana Shipping has sealed a new time charter with Singapore’s Pacbulk Shipping for 2015-built capesize vessel Santa Barbara.

The contract commences December 27, and is for a period of 12-14 months at a rate of $17,250 per day. The vessel was previously on charter to Cargil at $20,250 per day.

Diana Shipping says the charter will generate $6.21m revenue based on the minimum time charter period.

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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