Diana Shipping has fixed out the panamax

Diana Shipping has fixed out the M/V Protefs 73,000 DWT (built 2004) to Transgrain for 12 to 16 months at $4,500 per day. The ship has been earning $6,250 per day from Glencore for the past year. A shorter charter of five to eight months is paying a bit more. M/V Pedhoulas Cherry 82,000-dwt  (built 2015) has been fixed at $5,500 per day. Spot rates for panamaxes were also unchanged standing at $2,800 per day midweek.