Diana announces Koch time charter for m/v Seattle
(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.
Latest News
Potential officer shortage looms
(Posted on 29/07/21)Launched this week, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping... Read more
DNV backs crew change programme in SE Asia
(Posted on 29/07/21)DNV, the world’s leading classification society and risk management expert, is embarking on an... Read more
IMI and Columbia sign cooperation agreement
(Posted on 29/07/21)International Maritime Industries (IMI), the largest maritime yard in the Middle East and North Africa... Read more
Ocean Technologies helps seafarers minimise distractions
(Posted on 26/07/21)Distractions are recognised as one of the biggest causes of human error resulting in incidents, accidents... Read more
The BMA recognises first mental health training course
(Posted on 26/07/21)The Bahamas Maritime Authority (BMA) has announced that it has recognised the Seafarer Mental Health... Read more
ClassNK grants innovation endorsement Tsuneishi
(Posted on 20/07/21)Leading Classification Society ClassNK granted its first Innovation Endorsement “Provider Certification... Read more
Jamaica’s successful women can serve as an example
(Posted on 20/07/21)World shipping can learn a lot from Jamaica when it comes to equality in the maritime workplace because... Read more
DNV verifies Survitec’s new firefighting foam tests
(Posted on 15/07/21)Classification society DNV has issued a verification statement allowing global survival technology specialist... Read more
METIS contributes digital expertise to EU sustainability project
(Posted on 15/07/21)METIS Cyberspace Technology is contributing to an EU-backed project that will test clean energy solutions... Read more
Wärtsilä launches major carbon-free solutions test programme
(Posted on 15/07/21)The technology group Wärtsilä continues to lead the ongoing transformation of the energy and... Read more
