Glencore Hires Diana Shipping’s Panamax

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Rotterdam-based Glencore Agriculture for one of its Panamax dry bulk vessels.

Under the deal, the company’s 73,593 dwt Arethusa was hired at a gross charter rate of USD 12,600 per day for a period of twelve to fifteen months.

The 2007-built ship, which is expected to commence the charter on April 25, is currently working for Singapore’s Noble Resources International at a daily rate of USD 7,200.

Diana Shipping said that the employment is anticipated to generate USD 4.54 million of gross revenue for the minimum scheduled period of the time charter.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2018 >>
MTWTFSS
26 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 1 2 3 4 5 6

Maritime Reconnaissance & Surveillance Technology

Now in its 4th successful year, Maritime Reconnaissance & Surveillance Technology is the only event that specifically.

read more >

GREENTECH IN SHIPPING GLOBAL FORUM

The mindset of sustainability and efficiency is the key to unlocking successful business…

read more >

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >