Topic
fixture
Logistics Diana Shipping secures 65% rate increase for newcastlemax Philadelphia in fixture with Classic Maritime
New York-listed Diana Shipping has secured a 65% rate increase for its 206,040 dwt newcastlemax Philadelphia, fixing it with Classic Maritime at $35,500 per day from August 8. The charter runs until at least March 10, 2027, and is expected to generate about $7.46m in gross revenue over the minimum period. This marks a return to Classic Maritime for the vessel, which was previously chartered by them in 2021 at $28,500/day.
Logistics Himalaya Shipping locks in premium index-linked charter for LNG dual-fuel newcastlemax Mount Aconcagua
Himalaya Shipping has fixed its 2024-built LNG dual-fuel newcastlemax Mount Aconcagua on a 16-18 month index-linked time charter at a significant premium to the Baltic 5TC index. The vessel, one of 12 in the fleet built at New Times Shipyard, includes conversion rights to switch to a fixed rate. The fixture underscores strong demand for eco-friendly bulkers as capesize earnings strengthen.