Diana Shipping Inc. announces time charter contract
Published by Lydia Woellwarth,
Editor
Dry Bulk,
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte, Ltd, Singapore, for one of its Capesize dry bulk vessels, the m/v Houston. The gross charter rate is US$27 000/d, minus a 5% commission paid to third parties, for a period until minimum 15 July 2022 up to maximum 15 October, 2022.
The charter commenced retroactively on 30 August 2021. The m/v Houston was chartered, as previously announced, to C Transport Maritime Ltd, Bermuda, at a gross charter rate of US$6250/d for the first 30 days of the charter period and US$12 400/d for the balance of the time charter, in each case minus a 5% commission paid to third parties.
The Houston is a 177 729 DWT Capesize dry bulk vessel built in 2009.
The employment of Houston is anticipated to generate approximately US$8.51 million of gross revenue for the minimum scheduled period of the time charter.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/10092021/diana-shipping-inc-announces-time-charter-contract/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Grindrod Shipping has announced its unaudited financial results for 3Q23
Grindrod Shipping Holdings Ltd has announced its unaudited financial results for the three months and nine months ended 30 September 2023.