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Diana locks in higher rates in Cobelfret charter extension

New York-listed Greek dry bulk owner Diana Shipping has secured a direct continuation of the charter for its post-panamax, keeping the vessel employed with operator Cobelfret.

Under the new deal, the 98,697 dwt Amphitrite will earn a gross rate of $13,000 per day for the first 30 days, rising to $16,500 per day for the balance of the charter period, in each case less a 5% commission. The fixture runs from February 8, 2026, until a minimum of March 1, 2027, with an option to extend to April 30, 2027.

The 2012-built Amphitrite is currently trading on a time charter at $12,100 per day, less commission, and the continuation marks an improvement in earnings as Diana rolls the vessel forward into the new period.

Diana Shipping said the employment is expected to generate about $6.15m in gross revenue for the minimum contracted period.

The fixture is Diana’s third reported charter deal this year. In January, the company fixed its ultramax DSI Altair to commodities group Bunge and secured a follow-on time charter for its kamsarmax Maia on a direct continuation with Paralos Shipping.



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