Diana Shipping gets charter contracts for three bulkers

Diana Shipping gets charter contracts for three bulkers

Diana Shipping has announced new time charter contracts for two capesize vessels and a panamax.

2010-built capesize New York has been fixed to Koch Shipping on a time charter contract for six months from April 23, at a charter rate of $14,450 per day.

Another capesize, the 2002-built Norfolk, has entered into a time charter with Trafigura Maritime Logistics. The 6-8 month charter commences April 26 at a day rate of $12,000.

Lastly, a 13-16 month charter has been secured for 2001-built panamax vessel Nirefs at a rate of $9,400 per day. The charter is expected to commence on May 4.

Diana Shipping says the deals will generate around $8.03m of gross revenue based on the minimum charter periods.

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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