Diana Shipping Inc. Announces Time Charter Contract for m/v Melia with Ausca, reads a press release by the company.
Time charter for Panamax dry vessel
The gross charter rate is US$10,000 per day, plus US$500,000 gross ballast bonus, minus a 5% commission paid to third parties, for a period of about eight (8) months to maximum ten (10) months. The charter is expected to commence on August 20, 2020.
The “Melia” is a 76,225 dwt Panamax dry bulk vessel built in 2005. This employment is anticipated to generate approximately US$2.75 million of gross revenue for the minimum scheduled period of the time charter.
- Upon completion of the previously announced sale of one Panamax dry bulk vessel, the m/v Arethusa, Diana Shipping Inc.’s fleet will consist of 40 dry bulk vessels (4 Newcastlemax, 13 Capesize, 5 Post-Panamax, 5 Kamsarmax and 13 Panamax).
- As of today, the combined carrying capacity of the Company’s fleet, including the m/v Arethusa, is approximately 5.1 million dwt with a weighted average age of 9.89 years.
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Source: Diana Shipping Inc.