Skip to main content

Diana Shipping Inc. announces time charter contract

Published by , 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 Reachy International (HK) Co., Limited, for one of its Panamax dry bulk vessels, the m/v Protefs.

The gross charter rate is US$10 650/d, minus a 5% commission paid to third parties, for a period until minimum 10 March 2022 up to maximum 20 May 2022. The charter commenced earlier this week. The m/v Protefs was chartered, as previously announced, to Phaethon International Company AG, at a gross charter rate of US$9900/d, minus a 5% commission paid to third parties.

The Protefs is a 73 630 DWT Panamax dry bulk vessel built in 2004.

The employment of Protefs is anticipated to generate approximately US$4.17 million of gross revenue for the minimum scheduled period of the time charter.

Read the article online at: https://www.drybulkmagazine.com/shipping/10022021/diana-shipping-inc-announces-time-charter-contract/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 

Port of Mackay sees milestone start

More than two million t of trade have passed through the Port of Mackay in seven months, underlying the publicly owned port's versatility and importance to the region.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Panamax news