Diana Shipping Secures Work for Five Bulkers

Athens-based dry bulk vessel owner Diana Shipping has secured charter deals for five of its dry bulk carriers with a number of companies.

The company said that the vessels in question are the 2010-built Myrsini, the 2013-built Electra, the 2010-built Alcmene, and Oceanis and Triton, both built in 2001.

Namely, the shipping firm has agreed to extend the present time charter contract with Germany’s RWE Supply & Trading for the 82,117 dwt Myrsini. The Kamsarmax dry bulker was hired at a gross charter rate of USD 8,650 per day for a period until minimum August 31, 2018 and maximum December 31, 2018. The new charter period commenced on June 8.

The Post-Panamax dry bulk vessels Electra was hired at a gross charter rate of USD 8,000 per day by Düsseldorf-based Uniper Global Commodities. Featuring 87,150 dwt, Electra started its charter contract, which runs for a period of thirteen to seventeen months, on June 11.

Alcmene, the 93,193 dwt Post-Panamax bulker, has entered into a time charter contract with Geneva’s Cargill International for a period of thirteen to about sixteen months. Hired at a gross charter rate of USD 8,000 per day, Alcmene started working under the contract on June 8.

Furthermore, Hong Kong-based Ausca Shipping Limited hired Diana Shipping’s Panamax vessels Oceanis and Triton. The ships will work at a gross charter rate of USD 7,000 and USD 6,500 per day, respectively. The contract for the 75,211 dwt Oceanis, which runs for a period of fourteen to about seventeen months, started on May 30. With 75,336 dwt, Triton was hired for a period of thirteen to about sixteen months. The charter commenced on June 6.

Diana Shipping said that the employment deals are set to generate some USD 15.61 million of gross revenue for the minimum scheduled period of the time charters.

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