Diana Shipping’s Ismene to Work at Double Rate

Image Courtesy: Diana Shipping

Athens-based dry bulk shipowner Diana Shipping has secured a time charter contract for its Panamax dry bulk vessel, the MV Ismene.

The deal was agreed with Hong Kong-based DHL Project & Chartering Limited, which will charter the 77,901 dwt Panamax for a period of twelve to fifteen months.

The 2013-built Ismene, which is set to start working under the deal on September 16, 2017, would be deployed at a gross charter rate of USD 12,000 per day.

Diana Shipping expects to generate around USD 4.32 million of gross revenue for the minimum scheduled period of the time charter.

The bulker is currently working for Rotterdam-based Glencore Grain at a rate of USD 5,850 per day.

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