Diana Shipping Inc. announces time charter agreement
Published by Sarah Smith,
Assistant Editor
Dry Bulk,
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 ASL Bulk Shipping HK Limited, for one of its Panamax dry bulk vessels, the m/v Selina.
The gross charter rate is US$26 500/d, minus a 5% commission paid to third parties, for a period until minimum 15 June 2022 up to maximum 15 September 2022. The charter is expected to commence on 1 September 2021. The m/v Selina is currently chartered, as previously announced, to ST Shipping and Transport Pte. Ltd., Singapore, at a gross charter rate of US$11 000/d, minus a 5% commission paid to third parties.
The Selina is a 75 700 DWT Panamax dry bulk vessel built in 2010.
The employment of Selina is anticipated to generate approximately US$7.53 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 36 dry bulk vessels (four Newcastlemax, 12 Capesize, five Post-Panamax, five Kamsarmax and 10 Panamax). The company also expects to take delivery of one Kamsarmax dry bulk vessel by the end of February 2022.
Read the article online at: https://www.drybulkmagazine.com/shipping/30082021/diana-shipping-inc-announces-time-charter-agreement/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
HES International concludes sale of German DHUG terminal to Stahl Holding Saar
HES International B.V. has concluded the sale of Dillinger Hafen-Umschlagsgesellschaft mbH. (hereafter DHUG) in the port of Saarlouis/ Dillingen in Germany to the German Stahl-Holding-Saar GmbH & Co. KGaA (hereafter SHS).