Diana Shipping of Greece has chartered out one of its panamax bulkers at a daily rate almost 8% higher than its previous period employment.

The premium reflects rising rates in the spot market and the firm but flat futures curve for panamaxes.

Hong Kong-based operator Reachy International (HK) Co has chartered Diana's 73,630-dwt Protefs (built 2004) at a gross rate of $10,650 per day for a period of 13 to 15 months...