Diana Shipping Inc. (NYSE: DSX), (the “Company”), through a separate wholly-owned subsidiary, has taken delivery of the m/v Florida, a 2022 Japanese new-building Capesize dry bulk vessel that the Company entered into an agreement to purchase in December 2021, says a press release published on their website.
Sale and leaseback agreement
As previously announced, the Company, through a separate wholly-owned subsidiary, simultaneously entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the m/v Florida. As part of the agreement, the Company will bareboat charter-in the vessel for a period of ten years at US$13,500 per day. The charter commenced earlier today.
Currently, the m/v Florida is time chartered to Bunge S.A., Geneva, at a gross charter rate of US$25,900 per day, minus a 5% commission paid to third parties, for a period of minimum fifty-eight (58) months to maximum sixty-two (62) months.
Diana’s fleet
Diana Shipping Inc.’s owned and bareboat chartered-in fleet currently consists of 35 dry bulk vessels:
- 4 Newcastlemax,
- 12 Capesize,
- 5 Post-Panamax,
- 6 Kamsarmax and
- 8 Panamax.
As of today, the combined carrying capacity of our fleet is approximately 4.5 million dwt with a weighted average age of 10.17 years.
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Source: Diana Shipping