Skip to main content

Diana Shipping signs Panamax time charter contract with Ausca Shipping

Published by
Dry Bulk,


Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Ltd, Hong Kong, for one of its Panamax dry bulk vessels, the M/V Melia.

The gross charter rate is US$10 000 per day, plus US$500 000 gross ballast bonus, minus a 5% commission paid to third parties, for a period of approximately 8 - 10 months. The charter is expected to commence on 20 August 2020.

The Melia is a 76 225 dwt Panamax dry bulk vessel, built in 2005.

This employment is anticipated to generate approximately US$2.75 million of gross revenue for the minimum scheduled period of the time charter.

Read the article online at: https://www.drybulkmagazine.com/dry-bulk/11082020/diana-shipping-signs-panamax-time-charter-contract-with-ausca-shipping/

You might also like

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Dry cargo shipping news Panamax news