Dry CargoEurope

Diana Shipping seals panamax charter with Tongli

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Singapore-based Tongli Shipping for 2013-built panamax bulker Ismene.

The charter is set to commence on March 7, and is through to between October 15 and December 15, 2021 at a gross charter rate of $16,500 per day. The rate is a significant improvement on the $10,800 per day being paid by the previous charterer, Phaethon International Company.

Diana Shipping, which has a fleet of 37 bulkers, says the charter will generate around $3.6m 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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