Diana Shipping announces time charter contract with Cargill
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Leonidas P.C.
The gross charter rate is US$17 000/d, minus a 4.75% commission paid to third parties, for a period of minimum 11 months to maximum 13 months.
The Leonidas P.C. is a 82 165 dwt Kamsarmax dry bulk vessel built in 2011.
The employment of Leonidas P.C. is anticipated to generate approximately US$5.61 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 41 dry bulk vessels (4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax, and 9 Ultramax). The company also expects to take delivery of 1 Ultramax dry bulk vessel by the beginning of April 2023.
As of 17 March, the combined carrying capacity of the company’s fleet, excluding the 1 Ultramax dry bulk vessel not yet delivered, is approximately 4.7 million dwt with a weighted average age of 9.95 years.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/27032023/diana-shipping-announces-time-charter-contract-with-cargill/
You might also like
Jotun and COSCO SHIPPING signs agreement for 125 newbuilding vessels
The collaboration focuses on enhancing vessel efficiency through advanced hull performance solutions, supporting Jotun’s Clean Shipping Commitment to cut carbon emissions, protect biodiversity, and preserve fuel.