Diana Shipping announces time charter contract with Engelhart CTP
Published by Jessica Casey,
Editor
Dry Bulk,
Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, has recently announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Engelhart CTP Freight (Switzerland) SA for one of its newcastlemax dry bulk vessels, the m/v Los Angeles.
The gross charter rate is US$14 250/d, minus a 5% commission paid to third parties, for a period until minimum 1 October 2021 up to maximum 31 December 2021. The charter commenced on 6 June 2020.
The m/v Los Angeles was chartered to SwissMarine Services S.A., Geneva, at a gross charter rate of US$13 250/d, minus a 5% commission paid to third parties.
The ‘Los Angeles’ is a 206 104 DWT newcastlemax dry bulk vessel built in 2012.
This employment is anticipated to generate approximately US$6.77 million of gross revenue for the minimum scheduled period of the time charter.
Read the article online at: https://www.drybulkmagazine.com/shipping/12062020/diana-shipping-announces-time-charter-contract-with-engelhart-ctp/
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.