Diana Shipping has announced a time charter contract for m/v DSI Andromeda
Published by Oliver Kleinschmidt,
Deputy Editor
Dry Bulk,
Diana Shipping Inc., has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge SA, Geneva, for one of its ultramax dry bulk vessels, the M/V DSI Andromeda.
The gross charter rate is US$13 500 per day, minus a 5% commission paid to third parties, for a period until minimum 20 February 2025 and up to maximum 20 April 2025. The charter is expected to commence on 24 November 2023.
The DSI Andromeda is a 60 309 DWT ultramax dry bulk vessel built in 2016.
The employment of DSI Andromeda is anticipated to generate approximately US$6.03 million of gross revenue for the minimum scheduled period of the time charter.
Upon the completion of the previously announced sale of m/v Boston, Diana Shipping Inc.’s fleet will consist of 40 dry bulk vessels: four newcastlemax, nine capesize, five post-panamax, six kamsarmax, seven panamax and nine ultramax. The combined carrying capacity of the company’s fleet is approximately 4.7 million DWT with a weighted average age of 10.63 years.
Click here for free registration to Dry Bulk
Read the article online at: https://www.drybulkmagazine.com/shipping/21112023/diana-shipping-has-announced-a-time-charter-contract-for-mv-dsi-andromeda/
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.