Lower Charter Rate for Diana’s Santa Barbara

BulkerIllustration; Source: PxHere under CC0 Creative Commons license

Greek shipowner Diana Shipping has entered into a time charter contract with Singapore’s Pacbulk Shipping for one of its Capesize dry bulk vessels, the M/V Santa Barbara.

As informed, the gross charter rate for the 2015-built bulker is USD 17,250 per day for a period of minimum twelve to maximum fourteen months.

Previously, the ship worked for Swiss Cargill International at a rate of USD 20,250 per day.

The new charter is expected to commence on December 27, 2019.

This employment of the 179,426 dwt is anticipated to generate approximately USD 6.21 million of gross revenue for the minimum scheduled period of the time charter, according to the company.

Diana Shipping’s fleet currently consists of 42 dry bulk vessels with a combined carrying capacity of 5.2 million dwt and a weighted average age of 9.50 years.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2020 >>
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 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 >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >