Diana Shipping Signs One, Extends Another Charter Deal

Image Courtesy: Diana Shipping

Athens-based owner of dry bulk vessels Diana Shipping has decided to enter into a new time charter contract for one of its Post-Panamax ships and extend the present time charter for its Capesize bulker.

As informed, the company will charter out its vessel Amphitrite to Geneva-based Cargill International S.A.

The gross charter rate for the 2012-built vessel is USD 11,150 per day for a period of minimum thirteen to maximum sixteen months. The charter is expected to commence in late September 2017.

The 98,697 dwt Amphitrite is currently chartered to Bunge S.A., Geneva, at a gross charter rate of USD 7,700 per day.

The employment is anticipated to generate approximately USD 4.35 million of gross revenue for the minimum scheduled period of the time charter, Diana Shipping said.

Furthermore, the company has agreed to extend the present time charter contract with RWE Supply & Trading GmbH, Essen, Germany, for G. P. Zafirakis.

The gross charter rate is USD 15,000 per day for a period of about fourteen to maximum seventeen months, with the new charter period expected to start on August 14, 2017.

Built in 2014, G. P. Zafirakis is currently chartered at a gross charter rate of USD 6,500 per day.

The employment of the 179,492 dwt Capesize bulker is anticipated to generate approximately USD 6.08 million of gross revenue for the minimum scheduled period of the time charter, according to the company.

Diana Shipping’s fleet currently comprises 51 dry bulk vessels. As of August 4, the combined carrying capacity of the company’s fleet is approximately 5.9 million dwt with a weighted average age of 8.01 years.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2017 >>
MTWTFSS
27 28 29 30 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

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >