- Diana Shipping Inc. announces a time charter for one of its Panamax dry bulk vessels.
- The gross charter rate is US$9,000 per day for a period until minimum July 15, 2021 up to maximum September 30, 2021.
- The charter is expected to commence on May 21, 2020.
Diana Shipping Inc. has entered a time charter for one of its Panamax dry bulk vessels, the m/v Leto, reads a press release by the company.
The time charter contract is with Cargill International S.A., Geneva.
Time charter
The gross charter rate is US$9,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum July 15, 2021 up to maximum September 30, 2021. The charter is expected to commence on May 21, 2020.
The “Leto” is a 81,297 dwt Panamax dry bulk vessel built in 2010. This employment is anticipated to generate approximately US$3.73 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.
- Diana Shipping’s fleet currently consists of 41 dry bulk vessels (4 Newcastlemax, 13 Capesize, 5 Post-Panamax, 5 Kamsarmax and 14 Panamax).
- As of today, the combined carrying capacity of the Company’s fleet is approximately 5.1 million dwt with a weighted average age of 9.67 years.
- A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com.
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Source: Diana Shipping Inc.
