Diana Shipping To Extend Time Charter Contract With Uniper

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Diana Shipping Inc. announced that it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf.

Time charter contract

It has entered into a contract for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi.

The gross charter rate is US$9,300 per day, minus a 5% commission paid to third parties, for a period of minimum thirteen (13) months to a maximum of sixteen (16) months. The new charter period is expected to commence on June 9, 2020.

About Atalandi

The Atalandi is a 77,529 dwt Ice Class Panamax dry bulk vessel built in 2014.

This employment is anticipated to generate approximately US$3.63 million of gross revenue for the minimum scheduled period of the time charter.

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Source: DianaShippingInc