Diana Shipping has fixed its second vessel to Koch Shipping in less than two weeks amid a recent dip in charter rates.

The 179,134-dwt PS Palios (built 2013) will be let out to Singapore's Koch Shipping for $17,350 per day. The charter will last for about 13 to 15 months.

The ship, on hire at $10,550 per day to third parties, is set to make $6.51m