- Diana Shipping Inc. has entered into a time charter contract with Pacbulk Shipping.
- The charter is for one of its Capesize dry bulk vessels, the m/v Seattle.
- This employment is anticipated to generate approximately US$6.32 million of gross revenue.
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Pacbulk Shipping Pte. Ltd., Singapore, reads a press release.
The charter is for one of its Capesize dry bulk vessels, the m/v Seattle. The “Seattle” is a 179,362 dwt Capesize dry bulk vessel built in 2011.
The gross charter rate is US$12,300 per day, minus a 5% commission paid to third parties, for a period until minimum October 1, 2021 up to maximum December 31, 2021. The charter commenced on April 27, 2020.
US$6.32 million gross revenue
This employment is anticipated to generate approximately US$6.32 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 41 dry bulk vessels (4 Newcastlemax, 13 Capesize, 5 Post-Panamax, 5 Kamsarmax and 14 Panamax).
The combined carrying capacity of the Company’s fleet is approximately 5.1 million dwt with a weighted average age of 9.63 years.
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Source: Diana Shipping Inc.
