Dry CargoEurope

Diana Shipping fixes charters with Olam and Solebay

Greek dry bulk owner Diana Shipping has sealed charters worth over $13m for two of its vessels.

Olam International has taken 2017-built newcastlemax San Francisco on a time charter through to between January 15, 2022 and March 15, 2022. The charter is at a rate of $17,750 per day for the first 105 days and $24,700 per day for the balance of the charter. The vessel was previously on charter to Koch Shipping at $16,000 per day.

Additionally, Hong Kong-based Solebay Shipping Cape Company has taken 2005-built capesize Aliki on time charter. The charter is due to commence next week at a rate of $20,500 per day, and is also through to between January 15, 2022 and March 15, 2022. The vessel was also previously on charter to Koch Shipping, at a rate of US$11,300 per day.

Diana Shipping, which has a fleet of 37 bulkers, says the two charter will generate around $13.56m 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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