Dry CargoEurope

Diana Shipping fixes newcastlemax to Koch at improved rate

Diana Shipping has secured close to $10,000 more per day in a new deal with Koch Shipping for its newcastlemax bulk carrier, Newport News.

The New York-listed bulker owner has fixed the 2017-built ship through to between July 1, 2023 and September 30, 2023 at a daily rate of $28,000 per day.

Koch is currently paying $18,400 per day until December 16, 2021, when the new charter is expected to commence.

Diana Shipping said the 208,021 dwt bulker would generate around $15.57m of revenue for the minimum time charter period.

Adis Ajdin

Adis is an experienced news reporter with a backgroud in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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