Diana Shipping Extends Post-Panamax Charter with Uniper

BulkerIllustration; Image Courtesy: Pxhere under CC 2.0 license

Greek dry bulk shipowner Diana Shipping has agreed to extend the time charter contract with Germany’s Uniper Global Commodities for one of its Post-Panamaxes.

Under the agreement, the company’s 87,150 dwt Electra would continue working for Uniper for a period until mid-September 2019 or mid-December 2019 the latest.

During the extended period, the 2013-built bulker would work at a gross charter rate of USD 13,500 per day, as compared to the earlier earned rate of USD 8,000 per day.

The new charter period started on October 19, 2018.

Diana Shipping informed that the employment extension is expected to generate around USD 4.4 million of gross revenue for the minimum scheduled period of the time charter extension.

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 >