Diana Shipping announces time charter contract with Western Bulk Carriers
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Western Bulk Carriers AS, for one of its Ultramax dry bulk vessels, the m/v DSI Altair.
The gross charter rate is US$13 800 per day, minus a 5% commission paid to third parties, for a period until minimum 10 August 2024 up to maximum 10 October 2024. The charter is expected to commence on 25 June 2023.
The DSI Altair is a 60 309 dwt Ultramax dry bulk vessel built in 2016.
The employment of DSI Altair is anticipated to generate approximately US$5.60 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 42 dry bulk vessels: 4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax, and 10 Ultramax (including a partial interest through a joint venture arrangement in one Ultramax). The combined carrying capacity of the fleet is approximately 4.7 million dwt, with a weighted average age of 10.17 years.
Read the article online at: https://www.drybulkmagazine.com/shipping/23062023/diana-shipping-announces-time-charter-contract-with-western-bulk-carriers/
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