Diana Shipping ties up two more charters

Diana Shipping ties up two more charters

Greek drybulk owner Diana Shipping has fixed two more charters for its vessels.

Cargill International has extended its time charter for 2005-built capesize Baltimore for a period of 13 to 16 months. The charter period will commence in February and is at a rate of $11,300 per day.

Noble Resources International has chartered 2007-built panamax vessel Arethusa for a period of 10 to 14 months at a rate of $7,200 per day. The charter commenced on January 23.

Diana said the contracts will generate around $6.57m based on the minimum charter period.

Earlier this week Diana tied up charters for kamsarmax Los Angeles and panamax Delina, while last week it sealed deals for capesizes Santa Barbara and Salt Lake City. Earlier in the month, capsize P.S. Palio was also fixed to Singapore’s Koch Shipping.

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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