Greek dry bulk owner Diana Shipping has chartered 2005-built panamax Calipso to Glencore Agriculture for a period of 15-18 months.
The charter commences March 12 at a rate of $12,200 per day, substantially higher than the $9,000 per day previously being paid by Transgrain Shipping.
Diana says the charter will generate around $5.31m based on the minimum time charter period.