Diana Shipping Secures Higher Charter Rate for Post-Panamax Bulker with Oldendorff
Diana Shipping has extended a charter agreement with Oldendorff Carriers for its post-panamax bulk carrier, the Polymnia, at an increased daily rate of $20,000. This new fixture, effective June 1, 2026, and running until early 2027, is expected to boost the Greek owner's…
Diana Shipping, a New York-listed company, has successfully negotiated a more lucrative charter extension with Oldendorff Carriers for one of its post-panamax bulk carriers. The vessel, named Polymnia, which has a deadweight tonnage of 98,704 dwt, will be chartered at a daily rate of $20,000, subject to a 5% commission. This new agreement is set to commence on June 1, 2026, and will continue for a period extending until sometime between March 1 and April 30, 2027.
This new fixture represents an improved earning potential for Diana Shipping compared to previous rates for similar vessels. The company specializes in dry bulk shipping, and securing favorable charter rates is crucial for its financial performance.