Diana Shipping announces time charter contract with Reachy
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte. Ltd, for one of its Kamsarmax dry bulk vessels, the m/v Astarte.
The gross charter rate is US$15 000/d, minus a 5% commission paid to third parties, for a period until minimum 1 August 2024, up to maximum 1 October 2024. The charter is expected to commence on 30 April 2023.
The Astarte is a 81 513 dwt Kamsarmax dry bulk vessel built in 2013.
The employment of Astarte is anticipated to generate approximately US$6.78 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 42 dry bulk vessels (4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax, and 10 Ultramax). The combined carrying capacity of the company’s fleet is now approximately 4.7 million dwt, with a weighted average age of 10.02 years.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/02052023/diana-shipping-announces-time-charter-contract-with-reachy/
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