Diana Shipping continues to work with Koch Shipping, having penned its third fixture this year with the Singaporean charterer.
New York-listed Diana has entered into a time charter contract with Koch Shipping for one of its capesizes at $15,000 per day for about 19 to 22 months, begun Sunday.
The 177,243 dwt Baltimore (built 2005) is expected to earn approximately $8.33m in revenue for the charter's minimum period.
Owners are getting $15,875 per day average for one-year fixtures on 180,000-dwt capes, according to Clarksons.
Diana in early March signed a same-length deal with Koch for 208,006-dwt San Francisco (built 2017) after penning a 14 to 17-month fixture for 177,000-dwt Houston (built 2009) in February.
The company's fleet has 45 dry bulk ships, excluding one panamax earmarked for sale.
