Diana Shipping Inc. enters time charter contracts
Published by Sarah Smith,
Assistant Editor
Dry Bulk,
Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v P. S. Palios. The gross charter rate is US$26 500/d, minus a 4.75% commission paid to third parties, for a time charter period until minimum 15 February 2022 up to maximum 15 April 2022. The charter is expected to commence on 6 June 2021. The m/v P. S. Palios is currently chartered to C Transport Maritime Ltd., Bermuda, at a gross charter rate of US$12,050/d, minus a 5% commission paid to third parties.
The P. S. Palios is a 179 134 DWT Capesize dry bulk vessel built in 2013.
The company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Viterra Chartering B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels, the m/v Maia. The gross charter rate is US$25 000/d, minus a 5% commission paid to third parties, for a period until minimum 1 May 2022 up to 30 June 2022. The charter is expected to commence on 10 June 2021. The m/v Maia is currently chartered, as previously announced, to Aquavita International S.A., at a gross charter rate of US$11 200/d, minus a 5% commission paid to third parties.
The Maia is a 82 193 DWT Kamsarmax dry bulk vessel built in 2009.
The employments of P. S. Palios and Maia are anticipated to generate approximately US$14.62 million of gross revenue for the minimum scheduled period of the time charters.
Read the article online at: https://www.drybulkmagazine.com/shipping/07062021/diana-shipping-inc-enters-time-charter-contracts/
You might also like
Seanergy Maritime announces the acquisition of two Japanese capesize newbuildings and sale of older vessel
Seanergy Maritime Holdings Corp. has announced that it has agreed to acquire two scrubber-fitted 181 500 dwt Capesize vessels to be constructed at a first-class shipyard in Japan and has entered into an agreement for the sale of the 2010-built M/V Squireship.