US-listed Diana Shipping is set for a sharp increase in revenue for one of its kamsarmax bulkers.

Cargill has extended a deal for the 82,000-dwt Myrto (built 2013) for 12 to 14 months at $14,000 per day.

For the last 15 months, Cargill has been paying $8,000 per day for the ship.

Diana bought the vessel as a resale for $26.5m