Diana Shipping lifts ultramax rate in Fednav switch

Diana Shipping recently finalized a new charter agreement with Fednav, a Canadian dry bulk operator, resulting in nearly 30% increase in rates for one of its ultramaxes. The 2015-built 60,500 dwt DSI Pegasus has been fixed at a daily rate of $18,350, excluding a 5% commission. The charter is scheduled to start on July 27 … Read full article →