Diana Shipping Finds Work for Newcastlemax Newbuild

Image Courtesy: Diana Shipping

Greek shipping company Diana Shipping has entered into a time charter contract with Koch Shipping, Singapore, for San Francisco, one of its Newcastlemax dry bulk vessels which is currently under construction in China.

The gross charter rate is USD 11,750 per day for a period of minimum twelve months to about sixteen months, with the charter expected to commence on January 6, 2017.

The firm said that the employment of the 208,500 dwt ship is anticipated to generate approximately USD 4.23 million of gross revenue for the minimum scheduled period of the time charter.

Apart from San Francisco being built by Chinese shipbuilder Jiangnan Shanghai Changxing Heavy Industries, Diana’s fleet is currently comprised of 46 dry bulk vessels. The company said it also expects to take delivery of one newbuilding Newcastlemax dry bulk carrier during the first quarter of 2017.

As of December 9, 2016, the combined carrying capacity of Diana’s fleet is around 5.2 million dwt with a weighted average age of 8.13 years, the shipowner said.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

BARI-SHIP2017

At Bari-Ship you will meet not only the owners and leaders of these companies, but also the entire spectrum of managerial, operational and production staff…

read more >

THE 30TH WORLD PORTS CONFERENCE Enabling Trade Energizing The World

This event is expected to have more than 500 attendees from the field of port, logistics, shipping and maritime industry…

read more >

Canada LNG Conference & Exhibition 2017

The 2017 conference will bring a re-invigorated program across three days focusing on technical innovation, domestic market opportunities…

read more >

9th Annual: UK Ports Conference 2017

The UK Ports Conference returns for the ninth year to provide the latest insights for the ports, shipping and maritime sectors, reviewing…

read more >