Skip to main content

Diana Shipping enters time charter contract with BG Shipping

Published by
Dry Bulk,


Global Shipping company Diana Shipping has, through a separate wholly-owned subsidiary, entered into a time charter contract with BG Shipping Co. Ltd, Hong Kong, for one of its panamax dry bulk vessels, the m/v Selina, for a period of minimum nine months to about 12 months.

The gross charter rate is US$4500/day for the first 30 days of the charter period and US$7100/day for the balance period of the time charter, in each case minus a 5% commission paid to third parties. The charter is expected to commence on 24 January 2017. The “Selina” is a 75 700 DWT panamax dry bulk vessel built in 2010.

The employment of “Selina” is anticipated to generate approximately US$1.84 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 48 dry bulk vessels (four newcastlemax, 14 capesize, three post-panamax, four kamsarmax and 23 panamax). As of today, the combined carrying capacity of the company’s fleet is approximately 5.7 million DWT with a weighted average age of 7.65 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/24012017/diana-shipping-enters-time-charter-contract-with-bg-shipping/

You might also like

Kabel Schlepp

WEBINAR - Key criteria to ensure proper selection of a cable drag chain

In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »

 

New Bedeschi project for Kima

The project is for the transportation of fresh urea from granulation to bagging silos or to urea bulk storage.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Panamax news