Diana Shipping Inc. announce that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Crystalia.
The gross charter rate is US$16 200 per day, minus a 5% commission paid to third parties, for a period until minimum March 10, 2027 up to maximum May 10, 2027. The charter is expected to commence on March 11, 2026. The m/v Crystalia is currently chartered, as previously announced, to Louis Dreyfus Company Freight Asia Pte. Ltd., at a gross charter rate of US$13 900 per day, minus a 5% commission paid to third parties.
The 'Crystalia' is a 77 525 dwt Ice Class Panamax dry bulk vessel built in 2014.
The employment of 'Crystalia' is anticipated to generate a total of approximately US$5.78 million of gross revenue for the minimum scheduled period of the time charter.
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