Diana Shipping fixes panamax bulker to ST Shipping

Diana Shipping fixes panamax bulker to ST Shipping

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Glencore’s Singapore-based subsidiary ST Shipping and Transport for 2013-built panamax Maera.

The charter commenced last week for a period of seven to nine months, at a rate of $11,750 per day. The vessel was previously on charter to Korean company Unico Logistics as a slightly higher rate of $11,900 per day.

Diana says the charter will generate around $2.29m 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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