Dry CargoEurope

Transgrain takes Diana Shipping panamax on time charter

Greek drybulk outfit Diana Shipping has fixed 2004-built panamax bulker Thetis to Transgrain Shipping for a period of ten to thirteen months.

The time charter contract for the 73,583 dwt vessel commences June 16, at a rate of $5,150 per day less a 5% commission paid to third parties. The rate is $200 per day lower than that being paid for Diana’s 2005-built panamax Clio, which Transgrain extended the charter for in April.

Diana said that the new contact for Thetis will generate around $1.55m of gross revenue based on the minimum 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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