Diana Shipping Fetches Higher Rate for Its Panamax

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Luxembourg-based United Bulk Carriers International for one of its Panamax vessels.

Under the agreement, the company’s 76,225 dwt bulker Melia would be chartered for a period of seventeen to twenty months.

Diana Shipping said that the vessel’s gross charter rate for the period would be at USD 12,000 per day. The 2005-built Panamax is expected to start commence the latest charter contract on April 20, 2018.

This employment is to generate some USD 6.12 million of gross revenue for the minimum scheduled period of the time charter.

Melia is currently chartered to the Italian company Nidera at a gross charter rate of USD 9,500 per day.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2019 >>
MTWTFSS
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 29 30 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >