New York-quoted Diana says the 82,200-dwt Myrsini (built 2010) will generate $5.6m over the minimum period of a fixture with Clearlake Shipping of Singapore.
According to a statement the kamsarmax is going to earn $15,500 per day minus a 4.74% commission paid to an unidentified third party.
The charter is schedule to start next month and is due to expire a year later unless Clearlake exercises options, which could see redelivery postponed until 10 May 2015 at the latest.
Today, panamaxes have been seeing day rates averages of around $11,300 in the spot market and approximately $14,000 when fixed on one-year time charters, according to reports from the Baltic Exchange and US shipbroker Compass Maritime Services.
When Jonathan Chappell of Evercore Partners initiated research...
