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Diana Shipping announces another time charter contract

Published by , 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 ASL Bulk Shipping Ltd, for one of its panamax dry bulk vessels, the m/v Leto.

The gross charter rate is US$16 000 per day, minus a 5% commission paid to third parties, for a period until minimum 1 March 2025 up to maximum 30 April 2025. The charter is expected to commence on 2 May 2024.

The Leto is a 81 297 DWT panamax dry bulk vessel built in 2010.

The employment of Leto is anticipated to generate approximately US$4.75 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/30042024/diana-shipping-announces-another-time-charter-contract/

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