Diana Shipping post-panamax extended by Cargill

Diana Shipping post-panamax extended by Cargill

Greek dry bulk owner Diana Shipping has agreed an extension with Cargill to the time charter contract for 2012-built post-panamax bulker Polymnia.

The extension commences July 8 and is for 14-17 months at a rate of $16,000 per day, up from the $10,000 per day previously being paid by Cargill.

Diana says the extension will generate around $6.72m based on the minimum 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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