Diana Shipping has found a new long-term fixture for a capesize bulker with Solebay Shipping as the vessel ends a 13-month time charter with Cargill.
And while the bulker will see its earnings drop, the deal comes at a time when period rates are on the rise.
The New York-listed bulker owner said has chartered the 178,000-dwt GP Zafirakis (built 2014) at $17,000 per day for a period that will start Tuesday and end anywhere from 15 June to 15 August 2024.
