Diana Shipping seals panamax charter to Ausca

Diana Shipping seals panamax charter to Ausca

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Ausca Shipping in Hong Kong for 2010-built panamax vessel Selina.

The charter commenced earlier this week and is for a period of 7-9 months at a rate of $11,750 per day. The vessel has come off charter with Hong Kong’s BG Shipping, where it was fetching a rate of $12,250.

Diana Shipping said the new charter will generate around $2.47m of gross 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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