Diana Shipping fixes kamsarmax to Glencore

Diana Shipping fixes kamsarmax to Glencore

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Glencore Agriculture for its 2010-built kamsarmax dry bulk vessel Myrsini.

The charter commenced on December 22 at a gross charter rate of $12,750 per day, for a period of minimum ten months to maximum twelve months.

The vessel was previously chartered to RWE Supply & Trading at a gross charter rate of $8,650 per day.

The contract is expected to generate approximately $3.83m of gross revenue based on the minimum time charter period.

Diana Shipping currently operates 48 dry bulk vessels.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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