Diana Shipping Secures New Time Charter For Ice Class Vessel

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Diana Shipping Inc. secures a time charter contract for its Ice Class Panamax dry bulk vessel, the m/v Crystalia, reports Investing.com

The contract is with Louis Dreyfus Company Freight Asia Pte. Ltd. at a gross charter rate of US$13,900 per day for 21 to 25 months, generating approximately US$8.76 million in revenue.

The fleet will consist of 38 dry bulk vessels after the completion of previous sales, with plans for two new-building Kamsarmax vessels. The combined carrying capacity of the fleet is approximately 4.5 million dwt with an average age of 10.69 years.

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Source: Investing.com

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