Diana Shipping announces new time charter contract
Published by Oliver Kleinschmidt,
Editorial Assistant
Dry Bulk,
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bulk Trading SA, for one of its ultramax dry bulk vessels, the m/v DSI Phoenix.
The gross charter rate is US$16 500 per day, minus a 5% commission paid to third parties, for a period until minimum 1 August 2025 up to maximum 30 September 2025. The charter is expected to commence on 8 May 2024. The m/v DSI Phoenix is currently chartered, as previously announced, to ASL Bulk Marine Ltd, at a gross charter rate of US$13 250 per day, minus a 5.00% commission paid to third parties.
The DSI Phoenix is a 60 456 DWT ultramax dry bulk vessel built in 2017.
The employment of DSI Phoenix is anticipated to generate approximately US$7.33 million of gross revenue for the minimum scheduled period of the time charter.
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Read the article online at: https://www.drybulkmagazine.com/shipping/26042024/diana-shipping-announces-new-time-charter-contract/
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