- About us
- IBJ Awards
- Free Sample
- Contact us
Diana announces Koch time charter contract
(Posted on 19/12/18)
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Ismene. The gross charter rate is US$12,125 per day, minus a 5% commission paid to third parties, for a period until minimum January 1, 2020 up to maximum March 31, 2020. The charter is expected to commence on December 12, 2018.
The “Ismene” is a 77,901 dwt Panamax dry bulk vessel built in 2013. This employment is anticipated to generate approximately US$4.6 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping fleet currently consists of 48 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 20 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.7 million dwt with a weighted average age of 9.08 years. A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com. Information contained on the Company’s website does not constitute a part of this press release.
Diana Shipping’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.
SAFEEN Feeders has signed a major agreement with Invictus Investment to launch a new international dry... Read more
Never has the theme of this year’s World Maritime Day - ‘New technologies for greener shipping... Read more
ClassNK has issued an Approval in Principle (AiP) for an ammonia bunkering vessel (ABV) developed by... Read more
The Isle of Man Ship Registry (IOMSR) is expanding its fleet after securing a new deal with fellow Isle... Read more
DNV has signed a Memorandum of Understanding (MOU) with the Singapore Institute of Technology (SIT)... Read more
Fleet Management Limited, part of the Caravel Group and the second-largest ship management company in... Read more
Idwal has announced that George Haysom has joined the business as chief commercial officer (CCO) to... Read more
Previously known as Members’ Training Week, the Britannia P&I Academy provides a week-long... Read more
International maritime charity Sailors’ Society has joined the British nation and Commonwealth... Read more
DNV has signed a memorandum of understanding (MOU) with maritime industry technology leaders HHI, AVIKUS... Read more