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Diana Shipping enters into time charter contract with SwissMarine

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Dry Bulk,


Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its capesize dry bulk vessels, the m/v Seattle.

The gross charter rate is US$16 000/day, minus a 5% commission paid to third parties, for a period of minimum 16 months to maximum 19 months. The charter is expected to commence on 25 December 2018.

The Seattle is a 179 362 DWT capesize dry bulk vessel built in 2011.

This employment is anticipated to generate approximately US$7.68 million of gross revenue for the minimum scheduled period of the time charter.

Read the article online at: https://www.drybulkmagazine.com/shipping/24122018/diana-shipping-enters-into-time-charter-contract-with-swissmarine/

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This article has been tagged under the following:

Dry cargo shipping news Dry bulk shipping market Capesize news