Diana Shipping enters into time charter contract with Pacific Bulk
Published by Stephanie Roker,
Editor
Dry Bulk,
Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Pacific Bulk Cape Company Limited, Hong Kong, for one of its capesize dry bulk vessels, the m/v Semirio.
The gross charter rate is US$20 050/d, minus a 5% commission paid to third parties, for a period of minimum 10 months to about 12 months. The charter is expected to commence on 30 August 2018. The m/v Semirio is currently chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of US$14 150/d, minus a 5% commission paid to third parties.
The Semirio is a 174 261 dwt capesize dry bulk vessel built in 2007.
This employment is anticipated to generate approximately US$6.02 million of gross revenue for the minimum scheduled period of the time charter.
Read the article online at: https://www.drybulkmagazine.com/shipping/23082018/diana-shipping-enters-into-time-charter-contract-with-pacific-bulk/
You might also like
Climeon receives repeat order from NovaAlgoma cement carriers
The vessel, which will be built at Zhejiang Xinle Shipbuilding Co. in China, is scheduled for delivery in 2027.