Koch Shipping Extends Charter Deal for Diana’s Bulker

BulkerIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Singapore-based Koch Shipping for one of its Newcastlemax dry bulk vessels.

The company’s 206,040 dwt Philadelphia was hired for a period of twenty to twenty-three months.

Diana Shipping said that the gross charter rate for the ship is USD 20,000 per day.

This employment is to generate some USD 11.7 million of gross revenue for the minimum scheduled period of the time charter.

Built in 2012, the vessel started working under the new charter deal on June 18.

Philadelphia was previously chartered by Koch Shipping at a gross charter rate of USD 15,500 per day.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2019 >>
MTWTFSS
27 28 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

World Gas Series: Morocco Summit

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

read more >

Electric & Hybrid Marine World Expo Conference 2019

Electric & Hybrid Marine World Expo Conference is the world’s only international conference…

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 >