Diana Shipping has fixed its panamax Ismene (77,901 dwt, built 2013) to Glencore Grain for 10 to 13 months, commencing yesterday.
The gross charter rate was fixed at $5,850 per day, minus 5% commission, which Diana said will generate around $1.67m of gross revenue during the first 10 months.
The rate is around a 25% reduction on the $7,825 per day that Glencore Grain was paying when it had the vessel on charter between March and July this year.
Ismene underwent a scheduled drydocking in July after completing its previous contract.