- Diana Shipping Inc. has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels.
- The charter is expected to commence on September 1, 2021.
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra, reports Diana Shipping Inc.
Charter Rates
The gross charter rate is US$28,000 per day, minus a 5% commission paid to third parties, for a period until minimum July 1, 2022 up to maximum September 15, 2022. The charter is expected to commence on September 1, 2021.
About the Vessel
The “Phaidra” is a 87,146 dwt Post-Panamax dry bulk vessel built in 2013.
The employment of “Phaidra” is anticipated to generate approximately US$8.40 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping’s Current Fleet
Diana Shipping Inc.’s fleet currently consists of 36 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 10 Panamax). The Company also expects to take delivery of one Kamsarmax dry bulk vessel by the end of February 2022. As of today, the combined carrying capacity of the Company’s fleet, excluding the one vessel not yet delivered, is approximately 4.6 million dwt with a weighted average age of 10.45 years. A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com. Information contained on the Company’s website does not constitute a part of this press release.
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Source: Dianashippinginc
