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Diana Shipping enters time charter contract with Uniper

Published by , Assistant Editor
Dry Bulk,


Through a separate wholly-owned subsidiary, Diana Shipping, Inc. has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is US$13 500/day, minus a 5% commission paid to third parties, for a period of 14 months – 17 months.

The charter commenced on Friday 27 April. The m/v Atalandi was chartered, as previously announced, to Glencore Grain B.V., Rotterdam, at a gross charter rate of US$5300/day, minus a 5% commission paid to third parties.

The “Atalandi” is a 77 529 DWT Ice Class Panamax dry bulk vessel built in 2014.

This employment is anticipated to generate approximately US$5.67 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 50 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax). As of today, the combined carrying capacity of the company’s fleet is approximately 5.8 million DWT with a weighted average age of 8.68 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/30042018/diana-shipping-inc-enters-time-charter-contract-with-uniper/

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