Diana Shipping Inc. announces time charter contract
Published by Lydia Woellwarth,
Editor
Dry Bulk,
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Tongli Shipping Pte. Ltd, for one of its Post-Panamax dry bulk vessels, the m/v Electra. The gross charter rate is US$21 000/d, minus a 5% commission paid to third parties, for a time charter period until minimum 10 February 2022 up to maximum 10 April 2022. The charter commenced last week.
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$5.92 million of gross revenue for the minimum scheduled period of the time charter.
Upon completion of the previously announced sale of one Panamax dry bulk vessel, the m/v Naias, Diana Shipping Inc.’s fleet will consist of 36 dry bulk vessels (four Newcastlemax, 12 Capesize, five Post-Panamax, five Kamsarmax and 10 Panamax). As of today, the combined carrying capacity of the Company’s fleet, including the m/v Naias, is approximately 4.7 million DWT with a weighted average age of 10.19 years.
Read the article online at: https://www.drybulkmagazine.com/shipping/03052021/diana-shipping-inc-announces-time-charter-contract/
You might also like
Weekly US rail traffic for the week ending 11 January 2025
According to the Association of American Railroads, total US weekly rail traffic was 465 390 carloads and intermodal units, up 1.8% compared with the same week last year.