Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Leonidas P. C, says an article published on their website.
Commission paid
The gross charter rate is US$17,000 per day, minus a 4.75% commission paid to third parties, for a period of minimum eleven months to maximum thirteen months. The charter commenced earlier today.
The “Leonidas P. C.” is a 82,165 dwt Kamsarmax dry bulk vessel built in 2011.
Minimum scheduled period
The employment of “Leonidas P. C.” is anticipated to generate approximately US$5.61 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 41 dry bulk vessels . The Company also expects to take delivery of 1 Ultramax dry bulk vessel by the beginning of April of 2023.
Weighted average age
The combined carrying capacity of the Company’s fleet, excluding the 1 Ultramax dry bulk vessel not yet delivered, is approximately 4.7 million dwt with a weighted average age of 9.95 years.
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Source: Diana shipping inc
