Dry CargoEurope

Diana Shipping seals new capesize charter with Koch at lower rate

Greek dry bulk owner Diana Shipping has entered into a new time charter contract with Koch Shipping for 2005-built capesize Baltimore.

The charter is set to commence on the weekend at a rate of $13,000 per day, down on the $15,000 per day previously being paid by Koch. The new charter runs through to between July 20, 2021 and October 5, 2021 and will generate around $2.73m based on the minimum time charter period.

Dian Shipping has been trimming down its fleet of late, selling two bulkers in September, and currently owns a fleet of 38 bulkers.

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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