Diana Shipping fixes panamax to Uniper at strong rate

Diana Shipping fixes panamax to Uniper at strong rate

Greek dry bulk owner Diana Shipping has entered into a 14-17 month time charter contract with Uniper Global Commodities for 2014-built panamax bulker Atalandi.

The charter commenced last week at a rate of $13,500 per day, substantially higher than the $5,300 per day paid by the previous charterer Glencore Grain.

Diana Shipping says the charter will generate around $5.67m based on the minimum time charter period.

Last week, Diana fixed 2007-built panamax Arethusa to Glencore Agriculture for $12,600 per day and earlier in the month fixed 2005-built panamax Melia for $12,000 per day.

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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