Diana Shipping signs time charter contract with Cargill Ocean Transport
Published by Oliver Kleinschmidt,
Deputy Editor
Dry Bulk,
Diana Shipping Inc. has announced, that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill Ocean Transportation Pte. Ltd for one of its ultramax dry bulk vessels, the m/v DSI Pollux.
The gross charter rate will be US$14 000 per day, minus a 4.75% commission paid to third parties, for a period until minimum 20 August, 2025 up to maximum 20 October 2025. The charter will be expected to commence on 27 December 2023.
The DSI Pollux is a 60 446 DWT ultramax dry bulk vessel built in 2015.
The employment of DSI Pollux is anticipated to generate approximately US$8.32 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet consists of 40 dry bulk vessels: four newcastlemax, nine capesize, five post-panamax, six kamsarmax, seven panamax and nine ultramax. The combined carrying capacity of the Company’s fleet is approximately 4.5 million DWT with a weighted average age of 10.5 years.
Click here for free registration to Dry Bulk
Read the article online at: https://www.drybulkmagazine.com/shipping/02012024/diana-shipping-signs-time-charter-contract-with-cargill-ocean-transport/
You might also like
INTERCARGO convenes maritime industry to advance common approach to dry bulk STS transfers
INTERCARGO brought shipowners, charterers, insurers and service providers together in Athens on 31 March to tackle a growing issue in dry bulk shipping: how ship-to-ship (STS) transfers are actually carried out.