Diana Shipping enters into time charter contract with Hudson Shipping Lines
Published by Stephanie Roker,
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 Hudson Shipping Lines Incorporated for one of its panamax dry bulk vessels, the m/v Thetis.
The gross charter rate is US$10 650/d, minus a 3.75% commission paid to third parties, for a period of minimum 14 months to maximum 17 months. The charter is expected to commence tomorrow. The m/v Thetis was chartered, as previously announced, to Ausca Shipping Limited, Hong Kong, at a gross charter rate of US$8350/d, minus a 5% commission paid to third parties.
The Thetis is a 73 583 DWT panamax dry bulk vessel built in 2004.
This employment is anticipated to generate approximately US$4.47 million of gross revenue for the minimum scheduled period of the time charter.
Read the article online at: https://www.drybulkmagazine.com/shipping/16112018/diana-shipping-enters-into-time-charter-contract-with-hudson-shipping-lines/
You might also like
INTERCARGO convenes maritime industry to advance common approach to dry bulk STS transfers
INTERCARGO brought shipowners, charterers, insurers and service providers together in Athens on 31 March to tackle a growing issue in dry bulk shipping: how ship-to-ship (STS) transfers are actually carried out.