Diana Shipping Extends Capesize Charter

  • Business & Finance

Greek dry bulk specialist Diana Shipping has secured a time charter extension contract for its Capesize dry bulker MV Aliki with Geneva-based SwissMarine Services S.A.

The company’s 180,235 dwt bulker will continue working for SwissMarine Services for a period of about eleven to maximum fourteen months.

The parties agreed a gross charter rate of USD 10,300 per day, minus a 5% commission paid to third parties.

Diana Shipping said that the 2005-built ship’s new charter period is expected to commence on February 13, 2017.

Under MV Aliki’s previous charter deal with SwissMarine Services, which started on January 16, 2016, the ship was employed at a gross charter rate of USD 5,300 per day.

The employment extension is expected to generate around USD 3.24 million of gross revenue for the minimum scheduled period of the time charter, the company informed.

Diana Shipping currently operated a fleet ot 48 dry bulk vessels, including Newcastlemax, Capesize, Post-Panamax, Kamsarmax and Panamax ships.

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