Dry CargoEurope

OceanPal seals fresh panamax charter

Diana Shipping’s spinoff OceanPal has struck a new time charter deal with ETG Commodities for its 73,691 dwt panamax dry bulk vessel, Calipso

The 2005-built ship has been booked for about 90 days at $19,600 per day from July 2, following its previous charter earlier this year with Tongli Shipping at a dayrate of $24,500. 

The Nasdaq-listed OceanPal said it expects to earn around $1.76m for the scheduled period of the time charter.

The company currently has one capesize and two panamaxes in its fleet and expects delivery of the 2005-built cape Baltimore from Diana Shipping in the third quarter of 2022 after the completion of its scheduled drydocking.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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