Diana Shipping has secured an improved daily rate for one of its panamaxes as the Baltic Dry Index (BDI) continues to rise.

The Greek bulker owner has chartered out the 73,691-dwt Calipso (built 2005) to Transgrain for $9,000 a day.

Transgrain has hired the vessel for 11 to 14 months, starting from 14 March.

Under its previous charter, Calipso was earning $6,000 per day from Windrose SPS Shipping and Trading.

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