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Diana Shipping continues to fix low rate dry bulk time charters

Diana Shipping is continuing to lock in time charters on its dry bulk vessels despite the current extremely low rates.

Marcus Hand, Editor

March 29, 2016

1 Min Read
Kalyakan - stock.adobe.com

New York Stock Exchange-listed Diana announced it had chartered the 2004-built, 74,444 dwt panamax Erato to Glencore Grain for 11 to 14 months at $4,650 per minus 5% commission.

It also chartered the 77,529 dwt, 2014-built, ice-class panamax Atalandi to Glencore grain. The vessel is fixed for 20 – 25 months at $5,300 per day minus 5% commission.

Diana said the two charters would generate a minimum of $4.6m in gross charter revenue.

About the Author

Marcus Hand

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

See more from Marcus Hand
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