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Diana Shipping Announces Time Charter Contracts With Singapore Marine

Logistic News - Published on Wed, 12 Jun 2019

Image Source: Hellenic Shipping News
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 Singapore Marine Pte Ltd, Singapore, for one of its Capesize dry bulk vessels, the m/v New York. The gross charter rate is USD 15,500 per day, minus a 5% commission paid to third parties, for a period of minimum seventeen months to about nineteen months. The charter commenced on June 7 2019. The “New York” is a 177,773 deadweight tonne Capesize dry bulk vessel built in 2010.

The Company announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co KG, Lübeck, Germany, for one of its Capesize dry bulk vessels, the m/v Boston. The gross charter rate is USD 15,300 per day, minus a 5% commission paid to third parties, for a period until minimum April 1, 2021 up to maximum June 30, 2021. The charter commenced on June 7, 2019.

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Posted By : Rabi Wangkhem on Wed, 12 Jun 2019
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