

(Posted on 02/08/18)
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 Capesize dry bulk vessels, the m/v Seattle. The gross charter rate is US$24,000 per day, minus a 5% commission paid to third parties, for a period of minimum four (4) months to maximum six (6) months. The charter commenced earlier today. The m/v Seattle was chartered, as previously announced, at a gross charter rate of US$11,700 per day, minus a 5% commission paid to third parties.
The “Seattle” is a 179,362 dwt Capesize dry bulk vessel built in 2011. This employment is anticipated to generate approximately US$2.88 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 50 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.8 million dwt with a weighted average age of 8.94 years.
The company is a global provider of shipping transportation services through its ownership of dry bulk vessels. 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.
Mark W. Barker, the first new U.S flagged Great Lakes bulker in almost 40 years, has successfully completed... Read more
The first in a series of ground-breaking global wellness and mental health conferences designed exclusively... Read more
Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced... Read more
A 10-day trial onboard a Spar Shipping AS bulk carrier enabled a reduction of at least 75% in carbon... Read more
A new report published by Inmarsat, the world leader in global, mobile satellite communications, highlights... Read more
Mental Health Support Solutions CEO and founder Charles Watkins welcomes the recently published report... Read more
Columbia Shipmanagement (CSM) has announced a partnership with Berlin-based Fintech Kadmos to automate... Read more
In the latest demonstration of its commitment to supporting a more sustainable maritime community, North... Read more
ClassNK has released the "Guidelines for Ships Using Alternative Fuels (Edtion 2.0)," which sets forth... Read more
Swire Bulk will operate a new liner service between Southeast Asia and Europe from June 2022, providing... Read more