Diana Shipping Announces Time Charter Contract for M/V Phaidra with Uniper

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The Diana Shipping has announced to offer charters based on timing for the vessels specializing in dry bulk vessels.

What happened?

The Diana Shipping announced a time charter contract for m/v Phaidra with Uniper
Diana Shipping Inc., a global shipping company.

The global shipping company specializes 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 Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra.

Charter rates fixed

The gross charter rate is US$12,700 per day, minus a 5% commission paid to third parties, for a period of minimum twelve months to maximum fifteen months. The charter commenced on January 13, 2018.

The m/v Phaidra was previously chartered to Jera Trading Singapore Pte. Ltd. at a gross charter rate of US$7,750 per day, minus a 5% commission paid to third parties, for the agreed period of the time charter.

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Source: Diana Shipping Inc