Diana Shipping Inc. announces time charter contract for m/v New Orleans with SwissMarine
Published by David Bizley,
Senior Editor
Dry Bulk,
Diana Shipping Inc. has announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v New Orleans.
The gross charter rate is US$26 000, minus a 5.00% commission paid to third parties, for a period until minimum December 1, 2026 up to maximum February 15, 2027. The charter is expected to commence on October 28, 2025. The m/v New Orleans was chartered, as previously announced, to Kawasaki Kisen Kaisha, Ltd., at a gross charter rate of US$20 000 per day, minus a 5.00% commission paid to third parties.
The 'New Orleans' is a 180 960 dwt Capesize bulk vessel built in 2015.
The employment of “New Orleans” is anticipated to generate approximately US$10.22 million of gross revenue for the minimum scheduled period of the time charter.
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Read the article online at: https://www.drybulkmagazine.com/dry-bulk/16102025/diana-shipping-inc-announces-time-charter-contract-for-mv-new-orleans-with-swissmarine/