Diana Shipping has fixed a panamax bulker to Viterra Chartering at a below-market rate for the asset class.

The Simeon Palios-led owner of 37 bulkers said on 21 January that it would charter the 73,691-dwt Calipso (built 2005) at $10,400 per day from 22 January 2021 until at least 1 October.

The time-charter average for panamaxes came in at $14,749 per day on 22 January, up from $14,562 per day a week ago, according to the Baltic Exchange.