Diana Shipping kamsarmax charter extended by Cargill

Diana Shipping kamsarmax charter extended by Cargill

Greek dry bulk shipowner Diana Shipping has entered into a time charter contract with Cargill International for 2013-built kamsarmax bulker Myrto.

The new charter commences later this week and is a rate at $10,000 per day, down from the $14,000 per day Cargill was previously playing. It is scheduled to end between July 1, 2021 and September 15, 2021.

Diana Shipping says the charter will generate around $4.48m based on the minimum time charter period.

Last week, Diana Shipping fixed one of its capesizes to C Transport Maritime and a post-panamax bulker to SwissMarine.

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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