Skip to main content

Diana Shipping agrees continuation of time charter contract with RWE

Published by
Dry Bulk,


Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, through a separate wholly-owned subsidiary has agreed to extend the present time charter contract with RWE Supply & Trading GmbH, Essen, Germany, for one of its capesize dry bulk vessels, the m/v G. P. Zafirakis.

The gross charter rate is US$15 000 per day minus a 5% commission paid to third parties, for a period of about 14 months to maximum 17 months. The new charter period will commence on 14 August 2017.

The m/v G. P. Zafirakis is currently chartered, as previously announced, at a gross charter rate of US$6,500 per day, minus a 5% commission paid to third parties.

The “G. P. Zafirakis” is a 179 492 DWT capesize dry bulk vessel built in 2014.

The employment extension of “G. P. Zafirakis” is anticipated to generate approximately US$6.08 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 51 dry bulk vessels (four newcastlemax, 14 capesize, five post-panamax, five kamsarmax and 23 panamax). As of today, the combined carrying capacity of the company’s fleet is approximately 5.9 million DWT with a weighted average age of 8.01 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/04082017/diana-shipping-agrees-continuation-of-time-charter-contract-with-rwe/

You might also like

Kabel Schlepp

WEBINAR - Key criteria to ensure proper selection of a cable drag chain

In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):