#DianaShipping secures a $38,000 daily charter with #ClassicMaritime for its Capesize vessel, marking a 42% rate increase and $13.34 million in expected revenue as #DryBulkShipping operators navigate changing #CharterRates and #Capesize market conditions.

#CharterRates have reached record highs, with #VLCC rates for #PersianGulf to China routes exceeding $1.2 million per day (10:40-11:45). There is also a severe, ongoing depletion of global onshore #oilStorage #oilPrices #shipping

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