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Tue, Oct

Diana Shipping extends charter with Cargill for panamax Leto

Dry Bulk News
Diana Shipping extends charter with Cargill for panamax Leto

The Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has announced that it has extended the time charter contract with Cargill International SA, Geneva, for one of its Panamax dry bulk vessels, the m/v Leto.

The gross charter rate is US$18,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum September 1, 2027 up to maximum October 31, 2027.

The new charter period is expected to commence on September 10, 2026. The m/v Leto is currently chartered, as previously announced, at a gross charter rate of US$12,750 per day, minus a 4.75% commission paid to third parties.

The m/v Leto” is an 81,297 dwt Panamax dry bulk vessel built in 2010.

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