Diana Shipping Continues Charter Spree
- Business & Finance
Greek dry bulk shipping company Diana Shipping Inc. has entered into a time charter contract for one of its Newcastlemax dry bulk vessels, the MV Philadelphia, with Germany-based RWE Supply & Trading GmbH.
The vessel will be chartered out under a gross charter rate of USD 6,450 per day, minus a 5% commission paid to third parties.
According to Diana, the 206,040 dwt MV Philadelphia will be employed for a period of minimum eleven to maximum fourteen months.
The 2012-built vessel is anticipated to generate approximately USD 2.13 million of gross revenue for the minimum scheduled period of the time charter.
Both vessels were chartered out for a period of minimum eleven to maximum fourteen months, on a gross charter rate of USD 5,300 per day and USD 4,600 per day, respectively, minus a 5% commission paid to third parties.