Diana Shipping fixes panamax bulker to Glencore

Diana Shipping fixes panamax bulker to Glencore

Greek dry bulk owner Diana Shipping has fixed 2007-built panamax vessel Arethusa to Glencore Agriculture for a period of 12-15 months.

The vessel charter commences April 25 and is fetching $12,600 per day, substantially higher than the previous charter with Noble Resources at $7,200 per day.

Diana Shipping says the charter will generate around $4.54m 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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