Diana Shipping seals time charter contract with Reachy
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 Reachy Shipping Pte. Ltd., for one of its post-panamax dry bulk vessels, the m/v Polymnia.
The gross charter rate is US$17 500 per day, minus a 5.00% commission paid to third parties, for a period until minimum 1 August 2025 up to maximum 30 September 2025. The charter is expected to commence on 8 June 2024. The Polymnia is currently chartered, as previously announced, to Cobelfret S.A., Luxemburg, at a gross charter rate of US$15 000 per day, minus a 5.00% commission paid to third parties.
The Polymnia is a 98 704 DWT post-panamax dry bulk vessel built in 2012.
The employment of Polymnia is anticipated to generate approximately US$7.25 million of gross revenue for the minimum scheduled period of the time charter.
Click here for free registration to Dry Bulk
Read the article online at: https://www.drybulkmagazine.com/shipping/05062024/diana-shipping-seals-time-charter-contract-with-reachy/
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.