Diana Shipping has announced continuation of time charter contract
Published by Oliver Kleinschmidt,
Editorial Assistant
Dry Bulk,
Diana Shipping Inc., a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, has announced that it has entered into a time charter contract with Western Bulk Carriers AS. The contract is for one of its ultramax dry bulk vessels, the m/v DSI Aquila.
The DSI Aquila is a 60 309 DWT ultramax dry bulk vessel built in 2015. The gross charter rate is US$12 500 per day, minus a 5% commission paid to third parties, for a period from 10 November 2023 up to 10 January 2025. The new charter period is expected to commence on 12 November 2023.
The employment of DSI Aquila is anticipated to generate approximately US$4.49 million of gross revenue for the minimum scheduled period of the time charter.
Upon the completion of the previously announced sale of m/v Boston, Diana Shipping Inc.’s fleet will consist of 40 dry bulk vessels: four newcastlemax, nine capesize, five post-panamax, six kamsarmax, seven panamax and nine ultramax. In total, the combined carrying capacity of the company’s fleet, including the m/v Boston, is approximately 4.7 million DWT with a weighted average age of 10.58 years.
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Read the article online at: https://www.drybulkmagazine.com/dry-bulk/03112023/diana-shipping-has-announced-continuation-of-time-charter-contract/
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