Diana Shipping has fixed one of its post-panamax bulkers on a short-term time charter to operator SwissMarine at a rate 22% higher than its previous employment.

The 87,150-dwt Electra (built 2013) began its contract with the Singapore-based operator on 4 January and will be employed until 30 March at the latest.

The contract was fixed at a gross rate of $12,500 per day, minus 5% commission paid to third...