Greek dry bulk owner Diana Shipping has entered into a new time charter contract with SwissMarine Services for 2013-built capesize P. S. Palios.
The charter commenced yesterday and is for 8-9 months at a rate of $17,500 per day, slightly higher than the $17,350 per day previously being paid by Koch Shipping for the vessel.
Diana Shipping says the charter will generate around $3.94m of gross revenue based on the minimum time charter period.