# Diana Shipping fixes panamax at higher rate - Splash247

> Greek owner Diana Shipping fixed the 2013-built panamax Maera to Korea's Unico Logistics for 9-11 months at $11,900 per day, well above the $8,500 previously paid. The fixture reflects firming panamax charter rates during the September rally.

- Date: 2017-09-19 · published 2017-09-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69169-diana-shipping-fixes-panamax-at-higher-rate-splash247
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A single fixture at a higher panamax rate signals firmer time-charter costs for grain bulk carriers, which can add to ocean freight on feed grain cargoes.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- splash247.com: https://splash247.com/diana-shipping-fixes-panamax-higher-rate/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.