Skip to main content

Diana Shipping enters into time charter contract with SwissMarine

Published by , Editor
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/

You might also like

Belships announces fleet expansion

Belships has expanded its newbuilding programme with two new 64 000 DWT ultramax bulk carriers which will be delivered in 2028.

 
 

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


 

This article has been tagged under the following:

Dry cargo shipping news Dry bulk shipping market Capesize news