Diana Shipping Finds Work for Panamax Bulker

diana-shippingIllustration; Source: Pixabay under CC0 Creative Commons license

Greek dry bulk vessel owner Diana Shipping has entered into a time charter contract with Hong Kong-based Ausca Shipping Limited for one of its Panamax dry bulk vessels, the Selina.

The gross charter rate for the 75,700 dwt bulker is USD 11,750 per day for a period of minimum seven to maximum nine months.

The charter commenced on July 15, 2019.

This employment of the 2010-built ship is anticipated to generate approximately USD 2.47 million of gross revenue for the minimum scheduled period of the time charter, the company said.

Selina previously worked for Hong Kong’s BG Shipping at a gross charter rate of USD 12,250 per day.

Diana Shipping’s fleet currently comprises 44 dry bulk vessels. As of today, the combined carrying capacity of the company’s fleet is approximately 5.4 million dwt with a weighted average age of 9.28 years.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Nov 2019 >>
MTWTFSS
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 1

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >