Diana Shipping has found a much more lucrative time charter for a capesize bulker that just came off a one-year contract.
The Semiramis Paliou-led owner of 35 bulkers has fixed the 179,134-dwt PS Palio (built 2013) to George Economou-controlled Classic Maritime at $31,000 per day for at least 22 months.
The charter, which may be extended to slightly more than two years, is expected to earn $20.6m
