Diana Shipping announces Ultramax vessel delivery and time charter with IMC Shipping
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v DSI Drammen (formerly Nord Potomac), a 2016 built Ultramax dry bulk vessel of 63 379 dwt that the company entered into an agreement to purchase in February 2023.
The company has also announced that, through the same wholly-owned subsidiary, it entered into a time charter contract with IMC Shipping Co. Pte. Ltd., at a gross charter rate of US$18 250 per day, minus a 5% commission paid to third parties, for a period until minimum 10 April 2024 up to maximum 10 June 2024. The charter is expected to commence on 15 April 2023.
The employment of DSI Drammen is anticipated to generate approximately US$6.5 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). Currently the combined carrying capacity of the fleet is approximately 4.7 million dwt, with a weighted average age of 9.98 years.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/13042023/diana-shipping-announces-ultramax-vessel-delivery-and-time-charter-with-imc-shipping/
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