Piraeus-based dry bulk and petroleum shipping company NewLead Holdings has entered into a time charter contract for one of its dry bulk Eco-type Handysize vessels, the Newlead Castellano, for two consecutive voyages, anticipated to be completed by the end of November 2015.
The vessel was delivered to the charterers at the beginning of September at a gross charter-out rate of USD 7,000 per day.
The Newlead Castellano is a 2013-built, 35,542 dwt dry bulk carrier, one of the three Eco-type Handysizes delivered to NewLead’s fleet in 2014.
Since the beginning of 2015, the Newlead Castellano has completed three time charter contracts and has transported 125,995 tons of dry bulk cargo. The vessel’s utilization in 2015 up until today is 95%.
The Newlead Castellano has been primarily trading in the Atlantic Ocean area although the trading location is at the charterers’ option.