New York-listed Diana Shipping has found new term employment for a capesize bulker at a better rate than its last deal.

The Greek company has maintained its recent charter spree by fixing out the 178,000-dwt Boston (built 2007) at $20,500 per day, minus a 5% commission to unspecified third parties.

The charterer is Aquavita International, a Greek freight contractor that controls 40 bulkers.

The Boston has been fixed until at least 1 April next year, but could see the term extended to 31 May.

The capesize was previously chartered to Richland Bulk at a gross charter rate of $13,000 per day from April to the end of May this year.

The new deal will generate about $5.25m in revenue for the minimum period.

Fearnley Securities said the contract could generate up to $6.5m for the full term, excluding the commission.

Diana has already been busy this month chartering out its fleet.

The owner said earlier in July that the 87,100-dwt post-panamax Electra (built 2013) had clinched a deal with Cosco-controlled Refined Success at $17,500 per day up to 1 April 2023.

The charter could stretch to 30 May.

Pay rise for post-panamax

The ship was previously chartered to Raffles Shipping International at $16,500 per day.

Diana also fixed the 177,900-dwt capesize New York (built 2010) to John Michael Radziwill-led C Transport Maritime (CTM) at $23,000 per day through to 10 June next year, with extensions possible until 25 August.

It had been earning $14,000 per day with EGPN Bulk Carrier Co.