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Diana Shipping announces Kamsarmax time charter with Cobelfret

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Dry Bulk,


Diana Shipping Inc. 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 Kamsarmax dry bulk vessels: the m/v Myrto.

The gross charter rate is US$12 650/d, minus a 5% commission paid to third parties, for a period until minimum 1 November 2024 up to maximum 15 January 2025. The charter is expected to commence on 15 July 2023.

The Myrto is an 82 131 dwt Kamsarmax dry bulk vessel built in 2013.

The employment of the Myrto is anticipated to generate approximately US$5.91 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 (including a partial interest through a joint venture arrangement in one Ultramax).

The combined carrying capacity of the company’s fleet is now approximately 4.7 million dwt with a weighted average age of 10.23 years.

Read the article online at: https://www.drybulkmagazine.com/dry-bulk/24072023/diana-shipping-announces-kamsarmax-time-charter-with-cobelfret/

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