Read Authentic Ratings for the Santa-Barbara

Cargill has announced a new period charter involving the vessel Longkou, set to deliver between April 24 and April 27. This charter extends for a trading period of 17 to 20 months, with redelivery options available on a worldwide basis. The financial terms stand at approximately $20,250 per day, further solidifying Cargill's position in the market. This strategic move enhances their operational capabilities and global reach.

Cargill has successfully secured a new charter for vessels, with delivery set for Shanghai between January 20 and January 24. The contract, valued at $12,000 per day, spans a duration of 12 to 16 months. This strategic move reflects Cargill's commitment to efficient maritime trading operations in the region.

Diana Shipping has successfully inked time charter agreements for its two capesize vessels, Santa Barbara and Salt Lake City. The 2015-built superman, Santa Barbara, is now under contract with Cargill International for a duration of 12 to 15 months, earning a daily rate of $12,000. This charter is anticipated to start on January 24, 2024. On the other hand, the 2005-built Salt Lake City has been chartered to Uniper Global Commodities, Germany, for a period of 12 to 16 months, generating a daily income of $9,000. This agreement is set to commence on January 20, 2024. Diana Shipping estimates that these contracts will yield approximately $7.38 million based on the minimum duration specified in the charters.