Skip to main content

Diana Shipping enters into time charter contract with Hudson Shipping Lines

Published by
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

Kabel Schlepp

WEBINAR - Key criteria to ensure proper selection of a cable drag chain

In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »

 
 
 

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