Diana Shipping Inc. announces time charter contract for m/v DSI Aquarius with Bunge
                            
                                
                                
                                        
                                            
                                        
                                
                                    
                                        Published by Alfred Hamer,
                                        Editorial Assistant
                                        
                                    
                                Dry Bulk,
                                
                            
                        
Diana Shipping Inc., a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge SA, Geneva, for one of its Ultramax dry bulk vessels, the m/v DSI Aquarius.
The gross charter rate is US$13 300 per day, minus a 5.00% commission paid to third parties, for a period of minimum ten months to about 12 months. The charter is expected to commence on 6 December 2024. The DSI Aquarius is a 60 309 dwt Ultramax dry bulk vessel built in 2016.
The employment of “DSI Aquarius” is anticipated to generate approximately US$3.99 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 38 dry bulk vessels: 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax. The company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by 2H27 and the 1H28, respectively. As of today, the combined carrying capacity of the Company’s fleet, excluding the two vessels not yet delivered, is approximately 4.2 million dwt with a weighted average age of 11.17 years.
Read the article online at: https://www.drybulkmagazine.com/shipping/03122024/diana-shipping-inc-announces-time-charter-contract-for-mv-dsi-aquarius-with-bunge/
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