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/