Diana Secures More Work for MV Boston

Dry bulk shipping company Diana Shipping Inc. has agreed to extend the present time charter contract with Clearlake Shipping Pte. Ltd., Singapore, a member of the Gunvor Group, for one of its Capesize dry bulk vessels, the m/v Boston.

The extension covers a period of about twenty-two months to about twenty-six months.

The gross charter rate is USD 13,000 per day, minus a 4.75% commission paid to third parties. The new charter period is expected to commence on August 9, 2015.

The “Boston” is a 177,828 dwt Capesize dry bulk vessel built in 2007.

Diana said that the employment extension is anticipated to generate approximately USD 8.4 million of gross revenue for the minimum scheduled period of the time charter.

Diana’s fleet currently consists of 41 dry bulk vessels. The company also expects to take delivery of four newbuilds, one Capesize, two Newcastlemaxes and a Kamsarmax dry bulk vessel by the third quarter of 2016.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2019 >>
MTWTFSS
28 29 30 31 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 1 2 3

GREENTECH IN SHIPPING GLOBAL FORUM

The mindset of sustainability and efficiency is the key to unlocking successful business…

read more >

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >

Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

read more >