Diana Shipping secured a fare for her ship four times higher than the previous one

The ship’s charter, which is expected to generate approximately US $ 5.04 million gross revenue for the minimum scheduled timeframe period, is indicative of the recent significant increase in the bulk cargo freight market.

Diana Shipping Inc, the NYSE-listed shipping company of the Palios family, secured a fare four times higher than the previous one.


The ship’s charter, which is expected to generate approximately US $ 5.04 million gross revenue for the minimum scheduled timeframe period, is indicative of the recent significant increase in the bulk cargo freight market.


It is pointed out last Friday, the Baltic Dry Index (BDI), the main indicator of the bulk cargo freight market, closed at the 5,202 points levels it had seen since the spring of 2008.


According to Diana Shipping, it chartered to Olam In