- About us
- IBJ Awards
- Free Sample
- Contact us
Diana announces Polymnia time charter
(Posted on 18/10/19)
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 Al Ghurair Resources International L.L.C., Dubai, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The gross charter rate is US$14,500 per day, minus a 5% commission paid to third parties, for a period of minimum twelve (12) months to about fourteen (14) months. The charter is expected to commence on October 23, 2019.
The “Polymnia” is a 98,704 dwt Post-Panamax dry bulk vessel built in 2012.
This employment is anticipated to generate approximately US$5.22 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 43 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 15 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.3 million dwt with a weighted average age of 9.39 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.
Columbia Shipmanagement (CSM) has continued its recent expansion by agreeing a strategic partnership... Read more
Recently launched OneLearn Global, created to provide modern-day training solutions to serve the maritime... Read more
Membership of the International Maritime Organisation is important for strengthening Jamaica and the... Read more
China Classification Society (CCS), the world’s fastest growing classification society, has been... Read more
Su Nav, the integrated ship management company, has established a comprehensive range of services over... Read more
Fednav Limited has announced that it has taken delivery of its latest Polar Class 4 icebreaking bulk... Read more
Frustrated by the lack of progress and slow pace of international efforts, InterManager has vowed to... Read more
The Isle of Man Ship Registry (IOMSR) has become the first flag state to formally back the Eyesea initiative... Read more
IoS-OP*1 has been fully utilized in the bulk carrier built by Shin Kurushima Sanoyas Shipbuilding Co... Read more
Despite the challenges of Covid-19, Morska Agencja Gdynia (MAG), in Poland, has performed even better... Read more