Port of StocktonVan AalstTelestackSailors SocietyPort of South LouisianaTBA Group
  • Sailors Society
  • Cimbria
  • Multimodal 2022
  • Cleveland Cascades Ltd
  • Port of Stockton
  • Van Aalst

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

Newest U.S flagged Lakes bulker operation with Thordon RiverTough bearing

(Posted on 12/08/22)

Mark W. Barker, the first new U.S flagged Great Lakes bulker in almost 40 years, has successfully completed... Read more


Industry first brings Sailors’ Society’s Wellness at Sea to 1,600 aspiring seafarers

(Posted on 12/08/22)

The first in a series of ground-breaking global wellness and mental health conferences designed exclusively... Read more


Healthy bulk market helps Pacific Basin generate record interim results

(Posted on 05/08/22)

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced... Read more


Spar Shipping bulker successfully completes biofuel-powered trial voyage

(Posted on 29/07/22)

A 10-day trial onboard a Spar Shipping AS bulk carrier enabled a reduction of at least 75% in carbon... Read more


Inmarsat report offers cyber-risk guidance amid escalating threats

(Posted on 25/07/22)

A new report published by Inmarsat, the world leader in global, mobile satellite communications, highlights... Read more


MHSS responds to new report on seafarer mental health

(Posted on 25/07/22)

Mental Health Support Solutions CEO and founder Charles Watkins welcomes the recently published report... Read more


CSM partners with Kadmos to automate crews’ salary pay-outs

(Posted on 18/07/22)

Columbia Shipmanagement (CSM) has announced a partnership with Berlin-based Fintech Kadmos to automate... Read more


North joins Maritime Anti-Corruption Network

(Posted on 18/07/22)

In the latest demonstration of its commitment to supporting a more sustainable maritime community, North... Read more


ClassNK releases "Guidelines for Ships Using Alternative Fuels (Edition2.0)"

(Posted on 18/07/22)

ClassNK has released the "Guidelines for Ships Using Alternative Fuels (Edtion 2.0)," which sets forth... Read more


Swire Bulk launches its first SE Asia - Europe liner service

(Posted on 01/07/22)

Swire Bulk will operate a new liner service between Southeast Asia and Europe from June 2022, providing... Read more


CimbriaBühler GmbHCleveland Cascades LtdViganMultimodal 2022TOC Events
  • Vigan
  • TOC Events
  • The Wolfson Centre for Bulk Solids Handling Technology

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping