Diana Shipping Inc. announces time charter contract for m/v Selina with Raffles Shipping
Published by Alfred Hamer,
Editorial Assistant
Dry Bulk,
Diana Shipping Inc., a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Raffles Shipping International Pte. Ltd., for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$10 500 per day, minus a 5.00% commission paid to third parties, for a period until minimum 1 March 2025 up to maximum 20 April 2025.
Selina is a 75 700 dwt Panamax dry bulk vessel built in 2010. The employment of Selina is anticipated to generate approximately US$1.39 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 38 dry bulk vessels: 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax. The Company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by 2H27 and 1H28, respectively. As of today, the combined carrying capacity of the Company’s fleet, excluding the two vessels not yet delivered, is approximately 4.2 million dwt with a weighted average age of 11.04 years.
Read the article online at: https://www.drybulkmagazine.com/shipping/21102024/diana-shipping-inc-announces-time-charter-contract-for-mv-selina-with-raffles-shipping/
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