Diana Shipping has announced a time charter contract for m/v New Orleans

The gross charter rate is US$20 000 per day, minus a 5% commission paid to third parties, for a period until minimum 15 August 2025 up to maximum 31 October 2025. The charter is expected to commence on 7 December 2023.

The New Orleans is a 180 960 DWT capesize dry bulk vessel built in 2015.

The employment of New Orleans is anticipated to generate approximately US$12.16 million of gross revenue for the minimum scheduled period of the time charter.