Diana Shipping has entered into a time charter contract with Koch Shipping for 2005-built Capesize Aliki.

The charter commenced last week and is through to between January 1, 2021 and March 15, 2021 at a gross charter rate of $11,300 per day. The vessel was previously on charter to SwissMarine at $18,000 per day.

The charter is expected to generate around $2.81m in revenue based on the minimum time charter period.