Skip to main content

Diana Shipping enters time charter contract with Uniper

Published by , Editor
Dry Bulk,


Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its post-panamax dry bulk vessels, the m/v Phaidra.

The gross charter rate is US$12 700/day, minus a 5% commission paid to third parties, for a period of minimum 12 months to maximum 15 months. The charter commenced on 13 January 2018. The m/v Phaidra was previously chartered to Jera Trading Singapore Pte. Ltd. at a gross charter rate of US$7750/day, minus a 5% commission paid to third parties, for the agreed period of the time charter.

The “Phaidra” is a 87 146 DWT post-panamax dry bulk vessel built in 2013.

This employment is anticipated to generate approximately US$4.57 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 50 dry bulk vessels (four newcastlemax, 14 capesize, five post-panamax, five kamsarmax and 22 panamax). As of today, the combined carrying capacity of the company’s fleet is approximately 5.8 million DWT with a weighted average age of 8.40 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/16012018/diana-shipping-enters-time-charter-contract-with-uniper/

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 »

 

Castor Maritime sell old kamsarmax

Castor Maritime Inc. has announced the sale of the M/V Magic Nebula for a price of US$16.2 million with an expected net gain of US$2.5 million.

 
 

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


 

This article has been tagged under the following:

Dry cargo shipping news Panamax news