Glencore Hires Diana Shipping’s Kamsarmax

Image Courtesy: Diana Shipping

Greek shipping firm Diana Shipping has secured a time charter contract for one of its Kamsarmax dry bulk vessels from Rotterdam-based Glencore Agriculture.

Under the deal, the company’s bulker m/v Maia would be deployed for a gross charter rate of USD 10,125 per day over a period from twelve to fifteen months. The 82,193 dwt ship is scheduled to start working for Glencore on July 27.

This employment is anticipated to generate around USD 3.65 million of gross revenue for the minimum scheduled period of the time charter.

Built in 2009, m/v Maia was previously chartered to Essen-based RWE Supply & Trading GmbH at a gross charter rate of USD 7,500 per day.

Diana Shipping’s fleet consists of 51 dry bulk vessels. As of today, the combined carrying capacity of the company’s fleet is 5.9 million dwt with a weighted average age of 7.99 years.

Share this article

Follow World Maritime News

In Depth>


<< Mar 2018 >>
26 27 28 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

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >