Diana Shipping has refixed one if its kamsarmaxes to Cargill International amid an improved market.
The Simeon Palios-led bulker owner entered into a time charter contract with Cargill International for the 82,200-dwt Medusa (built 2010).
The rate is $14,000 per day for a period of 13 to 15 months begun Monday. Diana Shipping expects to make about $5.46m in revenue off the deal.
