Diana Loses Charter Deal for Post-Panamax

Illustration; Source: PxHere under CC0 Creative Commons license

Greek shipowner Diana Shipping revealed that a time charter contract for one of its Post-Panamax bulkers has been canceled.

Last month, Diana entered into the time charter deal for its ship Polymnia with Dubai-based Al Ghurair Resources International.

“Charterers have exercised their right to cancel the time charter contract since the vessel was not delivered, due to unforeseen events, unrelated to the condition of the vessel, during the pre-agreed period,” the company explained.

Diana is now seeking a replacement charter for the 2012-built bulker.

The 98,704 dwt Polymnia is currently chartered to Geneva-incorporated Cargill International at a gross charter rate of USD 16,000 per day.

Diana Shipping’s fleet currently consists of 43 dry bulk vessels with a combined carrying capacity of 5.3 million dwt and a weighted average age of 9.46 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

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

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 >

Salvage & Wreck

Salvage and Wreck Removal Conference will focus on Casualty management case studies, Dealing with hazardous cargo and container ship fires…

read more >

Maritime Reconnaissance and Surveillance Technology

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

read more >