Simeon Palios led shipowner and operator Diana Shipping has chartered out 2015 built capesize bulk carrier 179K DWT MV Santa Barbara to Singapore based ship operator Pacbulk Shipping for $17,250 per day for a year. New York-listed Diana Shipping estimates to earn around $6 million from Pacbulk Shipping deal. In the first week of December 2019, the average daily rate for a 180K DWT capesize bulk carrier one-year charter rate is around $16,000 per day.
Recently, Diana Shipping chartered out 2010 built kamsarmax bulk carrier 82K DWT MV Myrsini to Hong Kong-based Ausca Shipping for around a year at $11,500 per day. Diana Shipping also chartered out 2006 built panamax bulk carrier 76K DWT MV Artemis to Koch Shipping for around ayear at $10,150 per day. Currently, Diana Shipping has a fleet of 42 ships.