Diana Shipping seals new panamax charters with Hudson Shipping Lines

Diana Shipping seals new panamax charters with Hudson Shipping Lines

Greek owner Diana Shipping has sealed deals for the charter of a pair of panamax bulkers to Hudson Shipping Lines.

Hudson is extending the time charter of 2004-built panamax Protefs for a period of 12-15 months. Commencing September 19, the extension is at a gross rate of $11,000 per day which is significantly higher then the $7,900 per day previously paid by the company.

Diana Shipping has also signed a new charter deal with Hudson for 2001-built panamax Nirefs for a period of 11-14 months. Commencing August 11, the charter is at gross rate of $10,750 per day. The vessel was previously on charter to Singapore’s Jaldhi Overseas for $9,400 per day.

The two chartered are expected to generate around $7.34m based on the minimum time 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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