Diana Shipping fixes kamsarmax bulker to Glencore

Diana Shipping fixes kamsarmax bulker to Glencore

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Glencore Agriculture for 82,193dwt kamsarmax bulker Maia.

The charter is for a period of 12-15 months and at a rate of $10,125 per day. The deal represents a significant increase on the previous charter rate of $7,500 per day with Germany’s RWE Supply & Trading.

Diana Shipping expects the deal to generate at least $3.65m of gross revenue over the minimum charter period.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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