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 BG Shipping Co., Limited, Hong Kong, for one of its post-panamax dry bulk vessels, the m/v Alcmene.
The gross charter rate is US$11 500/day, minus a 5% commission paid to third parties, for a period of minimum 11 months to maximum 14 months. The charter commenced earlier on 21 November.
The Alcmene is a 93 193 DWT post-panamax dry bulk vessel built in 2010.
This employment is anticipated to generate approximately US$3.8 million of gross revenue for the minimum scheduled period of the time charter.
Read the article online at: https://www.drybulkmagazine.com/shipping/23112018/diana-shipping-enters-into-time-charter-contract-with-bg-shipping/