Diana Shipping Inc. announces time charter contract with Glencore
Diana Shipping Inc., a global shipping company specialising
in the ownership of dry bulk vessels, has recently announced that, through a
separate wholly-owned subsidiary, it has entered into a time charter contract
with Glencore Agriculture B.V., Rotterdam, for one of its ice class panamax dry
bulk vessels, the m/v Crystalia.
The gross charter rate is US$8750/d, minus a 5% commission
paid to third parties, for a period until minimum 1 July 2021 up to maximum 30
September 2021. The charter commenced on 22 May 2020.
The ‘Crystalia’ is a 77 525 DWT ice class panamax dry bulk
vessel built in 2014.
This employment is anticipated to generate approximately
US$3.49 million of gross revenue for the minimum scheduled period of the time
charter.
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