NYK Line and Diana Shipping enter contract
Published by Lydia Woellwarth,
Editor
Dry Bulk,
Diana Shipping Inc., a global shipping company specialising in the owner-ship of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, for one of its Capesize dry bulk vessels, the m/v New Orleans. The gross charter rate is US$15 500/d, minus a 5% commission paid to third parties, for a period until minimum 25 January 2022 up to maximum 25 March 2022. The charter commenced on 3 December 2020. The m/v New Orleans was chartered, as previously announced, to Cargill International S.A., Geneva, at a gross charter rate of US$15 000/d, minus a 4.75% commission paid to third parties.
The New Orleans is a 180 960 DWT Capesize dry bulk vessel built in 2015.
This employment is anticipated to generate approximately US$6.37 million of gross revenue for the minimum scheduled period of the time charter.
Upon completion of the previously announced sales of one Panamax dry bulk vessel, the m/v Coronis, and one Capesize dry bulk vessel, the m/v Sideris GS, Diana Shipping Inc.’s fleet will consist of 38 dry bulk vessels (four Newcastlemax, 12 Capesize, five Post-Panamax, five Kamsarmax and 12 Panamax). As of today, the combined carrying capacity of the Company’s fleet, including the m/v Coronis and the m/v Sideris GS is approximately 5.0 million DWT with a weighted average age of 10.17 years.
Read the article online at: https://www.drybulkmagazine.com/shipping/08122020/nyk-line-and-diana-shipping-enter-contract/
You might also like
Weekly US Rail Traffic for the Week Ending September 7, 2024
According to the Association of American Railroads (AAR), for this week, total US weekly rail traffic was 479 179 carloads and intermodal units, up 7.3% compared with the same week last year.