Diana Finds Work for Two Panamaxes

Greek dry bulk owner and operator Diana Shipping has entered into time charter contracts for two of its Panamax dry bulkers, M/V Naias and M/V Artemis.

The contracts, signed with Geneva-based Bunge S.A., include a gross charter rate of USD 5,000 per day for M/V Naias and USD 5,350 per day for M/V Artemis.

The 73,546 dwt Panamax Naias was chartered out for a period of about five to seven months, and commenced its charter yesterday.

Diana’s 76,942 dwt Artemis was hired for a period of minimum ten to thirteen months.

The 2006-built vessel is expected to start work on its charter on June 6, 2016.

Diana Shipping said that the employments of Naias and Artemis should generate USD 2.3 million of gross revenue for the minimum scheduled period of the time charters.

After it took delivery of the 75,403 dwt M/V Maera (formerly Manzoni), a Panamax dry bulker bought in February 2016, the company’s fleet consists of 46 dry bulk vessels.

Diana expects to take delivery of three newbuildings by the end of 2016, namely two Newcastlemax dry bulkers and one Kamsarmax.

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 >