One of Diana’s Panamax dry bulk vessels, the m/v Arethusa is up for a charter with the Glencore Agriculture B.V. of Rotterdam. Recently, Diana Shipping signed a time charter with Glencore through a separate wholly-owned subsidiary, says a report in Seeking Alpha.
- The gross charter rate is $12,600 per day for a period of minimum 12 months to maximum 15 months.
- The charter is expected to commence on April 25.
- The m/v Arethusa is currently chartered to Noble Resources International Pte. Ltd., Singapore, at a gross charter rate of $7,200 per day.
- This employment is anticipated to generate ~$4.54M of gross revenue for the minimum scheduled period of the time charter.
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Source: Seeking Alpha
