Skip to main content

Diana Shipping Inc. secures time charter contract with ASL

Published by , Assistant Editor
Dry Bulk,


Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ASL Bulk Shipping HK Limited, for one of its Panamax dry bulk vessels, the m/v Maera.

The gross charter rate is US$26 000/d, minus a 5% commission paid to third parties, for a period until minimum 1 October 2022 up to maximum 15 December 2022. The charter commenced on 18 September 2021. The m/v Maera was chartered, as previously announced, to Ausca Shipping Limited, Hong Kong, at a gross charter rate of US$8600/d, minus a 5% commission paid to third parties.

The Maera is a 75 403 DWT Panamax dry bulk vessel built in 2013.

The employment of Maera is anticipated to generate approximately US$9.70 million of gross revenue for the minimum scheduled period of the time charter.

Read the article online at: https://www.drybulkmagazine.com/shipping/21092021/diana-shipping-inc-secures-time-charter-contract-with-asl/

You might also like

NORDEN inks logistics project in Australia

NORDEN has signed its first port logistics project in Australia with existing dry cargo freight customer, the Australian developer and operator of iron ore mining projects, Kimberley Metals Group (KMG), further expanding the partnership.

 
 

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


 

This article has been tagged under the following:

Dry bulk shipping market Panamax news