Diana Shipping bags Cargill panamax fixture

Greek bulker owner Diana Shipping has landed another charter deal with Cargill, the New York-listed company’s fourth fixture with the commodities trading giant in just over a month.

The Semiramis Paliou-led company has secured employment for the 2010-built panamax Leto from end-March through to July 16, 2026, and extension options for up to two more months.

The 81,297 dwt vessel, which has been earning $16,000 per day, excluding 5% commission, at ASL Bulk Shipping since last May, will take a rate cut of about $3,250 per day on the new Cargill fixture.

Athens-based Diana said it should earn around $5.9m, excluding options.

Last week, the company fixed its 2016-built ultramax DSI Andromeda to Cargill up to January 15, 2026, at $14,000 per day in a slight improvement against the vessel’s current charter with Bunge at $13,500 per day.

Earlier in March, Diana chartered out the 2010-built kamsarmax Medusa to Cargill for up to 16 months, after fixing another 2010-built unit Myrsini in February. Both ships will earn $13,000 per day excluding 4.75% commission until at least mid-May and January 2026, respectively.