Greek dry bulk owner Diana Shipping has sealed a time charter contract with Koch Shipping in Singapore for 2014-built Capesize G.P. Zafirakis.

The charter commenced over the weekend and runs through to between October 1, 2021 and December 31, 2021 at a gross charter rate of $13,200 per day. The rate is significantly lower than the $17,000 per day previously being paid for the vessel by Swiss Marine.