Diana Shipping fixes capesize to SwissMarine

Diana Shipping fixes capesize to SwissMarine

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.

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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