Diana Shipping seals two more charters

Diana Shipping seals two more charters

Greek dry bulk owner Diana Shipping has announced a two new time charter contracts for for its vessels.

Geneva-based SwissMarine Services has taken 2012-built newcastlemax Los Angeles on time charter for a period of thirteen to fifteen months. SwissMarine is paying a charter rate of 14% above the BCI_2014 average of the five pre-determined time charter routes as published by the Baltic Exchange. The contract commenced on January 22.

Additionally, BG Shipping in Hong Kong has contracted panamax Selina on time charter for a period of nine to twelve months at a rate of $4,500 per day for the first 30 days of the period and $7,100 per day for the balance. The 2010-built vessels is expected to go on charter on January 24, and generate around $$1.84 million based on the minimum scheduled period of the time charter.

Last week, the company fixed capesizes Santa Barbara and Salt Lake City in two separate time charter deals.

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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