Diana Shipping seals time charter contract with Reachy
Published by Oliver Kleinschmidt,
Assistant 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.
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Read the article online at: https://www.drybulkmagazine.com/shipping/05062024/diana-shipping-seals-time-charter-contract-with-reachy/
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