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Diana Shipping Inc. announces time charter contract for m/v Electra with Cobelfret S.A.

Published by , 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, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cobelfret S.A., Luxembourg, for one of its Post-Panamax dry bulk vessels, the m/v Electra. The gross charter rate is US$14 500 per day, minus a 5% commission paid to third parties, for a period until minimum June 1, 2024 up to maximum August 1, 2024.

The “Electra” is a 87,150 dwt Post-Panamax dry bulk vessel built in 2013.

The employment of “Electra” is anticipated to generate approximately US$5.93 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). As of today, the combined carrying capacity of the Company’s 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/20042023/diana-shipping-inc-announces-time-charter-contract-for-mv-electra-with-cobelfret-sa/

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