TMS Awards 2023TBA GroupGeneva DryBühler GmbHVan AalstCimbria
  • Van Aalst
  • TMS Awards 2023
  • Cimbria
  • TBA Group
  • Bühler GmbH
  • Port of Stockton

Diana announces Polymnia time charter

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.

Latest News

Biomar delivered to AtoB@C Shipping as production of last vessel of series begins

(Posted on 20/06/25)

Biomar has been delivered to ESL Shipping's subsidiary AtoB@C Shipping on June 16, bringing the number... Read more


Smart Ship Hub digital platform deployed for Great Eastern Shipping Company fleet

(Posted on 20/06/25)

Great Eastern Shipping Co. Ltd. (GESCO), India's largest private fleet owner of bulkers and tankers,... Read more


Baltic Exchange introduces monthly audits to improve Baltic index quality

(Posted on 20/06/25)

Baltic Exchange has launched a new quality control mechanism to support its ongoing audit policies for... Read more


INTERCARGO report: Safety gains continue but security threats emerge

(Posted on 15/06/25)

INTERCARGO, the International Association of Dry Cargo Shipowners, reports encouraging progress in bulk... Read more


Marcura and Sedna Partner to simplify maritime workflows

(Posted on 15/06/25)

Marcura and Dataloy Systems have announced a new phase in their long-standing strategic partnership... Read more


Ageing fleet drives surge in number of maritime incidents, says DNV report

(Posted on 06/06/25)

According to DNV’s latest report, Maritime Safety Trends 2014-2024 - Preparing for future risks... Read more


Two Damen Combi Freighters 3850 launched for Fast Lines Belgium

(Posted on 06/06/25)

The second of three Damen Combi Freighters (CF) 3850 has been launched in China for Fast Lines Belgium... Read more


Columbia: Diversity’s ‘forgotten twin’ inclusion must be priority

(Posted on 06/06/25)

Inclusion is every bit as important as diversity in ensuring that shipping becomes a truly welcoming... Read more


Postfix for shipbrokers made simple

(Posted on 02/06/25)

AXSMarine, a pioneer and market leader in the provision of advanced solutions and market intelligence... Read more


Veson Nautical and Great Eastern Shipping go live with IMOS Platform

(Posted on 30/05/25)

Veson Nautical, a global leader in maritime data and freight management solutions, and The Great Eastern... Read more


TelestackViganSailors SocietyPort of South LouisianaPort of Stockton
  • Sailors Society
  • Port of South Louisiana

Subscribe to our newsletter

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