- Diana Shipping Inc.,is time chartering the m/v Ismene with Koch Shipping Pte. Ltd.
- The gross charter rate is US$12 125/d.,for a min period of 1 January 2020 up to max. 31 March 2020
- The minimum charter period expected to generate approximately US$4.6 million of gross revenue.
- The combined carrying capacity of the company’s fleet is approximately 5.7 million dwt.
Diana Shipping Inc.,entered into a time charter contract with Koch Shipping Pte. Ltd. for one of its panamax dry bulk vessels, the m/v Ismene on December 12th, says a press release.
What is in the contract?
The gross charter rate is US$12 125/d., minus a 5% commission paid to third parties, for a period until minimum 1 January 2020 up to maximum 31 March 2020. The charter commenced on December 2018.
About the vessel Ismene
The Ismene is a 77 901 DWT panamax dry bulk vessel built in 2013. The employment of this vessel is anticipated to generate approximately US$4.6 million of gross revenue for the minimum scheduled period of the time charter.
About the fleet
Diana Shipping Inc.’s fleet currently consists of 48 dry bulk vessels (4 newcastlemax, 14 capesize, 5 post-panamax, 5 kamsarmax and 20 panamax). As of 12th December, the combined carrying capacity of the company’s fleet is approximately 5.7 million DWT with a weighted average age of 9.08 years.
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Source: Dry Bulk Magazine
