Diana Shipping Inc. (NYSE: DSX), (the “Company”) announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Western Bulk Carriers AS, for one of its Ultramax dry bulk vessels, the m/v DSI Aquila, says an article published on their website.
New charter period
The gross charter rate is US$12,500 per day, minus a 5% commission paid to third parties, for a period until minimum November 10, 2024 up to maximum January 10, 2025. The new charter period is expected to commence on November 12, 2023.
The “DSI Aquila” is a 60,309 dwt Ultramax dry bulk vessel built in 2015.
Previously announced sale
The employment of “DSI Aquila” is anticipated to generate approximately US$4.49 million of gross revenue for the minimum scheduled period of the time charter.
Upon the completion of the previously announced sale of m/v Boston, Diana Shipping Inc.’s fleet will consist of 40 dry bulk vessels: 4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax. As of today, the combined carrying capacity of the Company’s fleet, including the m/v Boston, is approximately 4.7 million dwt with a weighted average age of 10.58 years.
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Source: diana shipping inc
