According to an article published by Yahoo Finance, Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels.
Gross charter rate
A separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Panamax dry bulk vessels, the m/v Leto.
- The gross charter rate is US$13,000 per day, minus a 5% commission paid to third parties, for a period of minimum eleven (11) months to maximum thirteen (13) months.
- The charter is expected to commence on May 31, 2019.
- The m/v Leto is currently chartered, as previously announced, to Glencore Agriculture B.V., Rotterdam, at a gross charter rate of US$12,500 per day, minus a 5% commission paid to third parties.
- The “Leto” is an 81,297 dwt Panamax dry bulk vessel built in 2010.
- This employment is anticipated to generate approximately US$4.29 million of gross revenue for the minimum scheduled period of the time charter.
Fleet strength
Upon completion of the previously announced sale of one Panamax dry bulk vessel, the m/v Erato, Diana Shipping Inc.’s fleet will consist of 45 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax, and 17 Panamax).
As of today, the combined carrying capacity of the Company’s fleet, including the m/v Erato, is approximately 5.5 million dwt with a weighted average age of 9.30 years.
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Source: YahooFinance
