- M/v Alcmene will be chartering US$11,500 per day for the next 11 -14 months from 21 November 2018.
- The new developments are set to generate a gross revenue of US$3.8 million.
- The Company’s fleet total will increase to 48 dry bulk vessels after this.
- The Fleet’s weighted average age is 9.25 yrs.
After the time charter contract for m/v Thetis, Diana Shipping, announced that it has entered into another time charter contract with BG Shipping Co., Limited, Hong Kong. The global shipping company, specialising in dry bulk vessels ownership has signed the charter for one of its Post-Panamax dry bulk vessels, the m/v Alcmene, says a press release from 21st November 2018.
What is in the contract?
The gross charter rate is US$11,500 per day, minus a 5% commission paid to third parties, for a period of minimum eleven (11) months to maximum fourteen (14) months. The charter commenced on 21st November 2018. The “Alcmene” is a 93,193 dwt Post-Panamax dry bulk vessel built in 2010.
How will this help the company?
This employment is anticipated to generate approximately US$3.8 million of gross revenue for the minimum scheduled period of the time charter.
Upon completion of the previously announced sales of two Panamax dry bulk vessels, m/v Triton and m/v Alcyon, Diana Shipping Inc.’s fleet will consist of 48 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax, and 20 Panamax). As of today, the combined carrying capacity of the Company’s fleet, including m/v Triton and m/v Alcyon, is approximately 5.8 million dwt with a weighted average age of 9.25 years.
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Source: Diana Shipping Inc
