Diana Shipping fixed out five panamax ships at mostly better rates, with pay increases of roughly 18% to 52%. 

The New York-listed bulker owner says the five charters will generate total1 gross revenue of $15.6m over their varying terms. 

The Simeon Palios-led company will extend the present time charter contract with RWE for the 82,117-dwt Myrsini (built 2010) at $8,650 per day minus a 5% commission.