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.
DNV GL’s is continuing long-standing efforts to ensure safe performance of aft most propeller... Read more
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has... Read more
The Britannia Steam Ship Insurance Association Limited has declared a USD15 million capital distribution... Read more
Fleet Management continues its string of 25th-anniversary celebrations with the second gala dinner hosted... Read more
Confirming Singapore’s position as an international hub for innovation, the Singapore Shipping... Read more
Capt Heinrich Schoeller, Chairman of Columbia Shipmanagement (CSM) and the Columbia Board of Directors... Read more
“Digitalization brings great benefits and has the potential to create greater equality in the... Read more
The International Association of Dry Cargo Shipowners, INTERCARGO held its Annual General Meeting, Executive... Read more
BHP’s Maritime and Supply Chain Excellence team and Klaveness Digital are working together to... Read more
Palau International Ship Registry (PISR) has completed a survey (IMO 2020 Sulphur Regulation | Your... Read more