Diana Shipping has signed $8.03m worth of term charters that will tie up a panamax bulker for more than a year and two capesize vessels for six months.
The New York-listed bulker owner said that Jaldhi Overseas has hired the 75,300-dwt Nirefs (built 2001) for 13 to 16 months.
Panamax spot rates head downward
The average panamax rate has dropped by 20.4%
