Diana Shipping gets new charter for post-panamax

Diana Shipping gets new charter for post-panamax

Greek dry bulk owner Diana Shipping has found a new naked for 2010-built post-panamax bulker Alcmene, time chartering the vessel to Hong Kong-based BG Shipping.

The charter, which has just commenced, is for 11-14 months at a rate of $11,500 per day. The rate is significantly higher than the $8,000 per day previously being paid for the vessel by Cargil.

Diana says the fixture will generate around $3.8m revenue 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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