Bulker

SwissMarine Hires Diana Shipping’s Capesize Units

Greek dry bulk shipowner Diana Shipping has entered into a time charter contract with Geneva-based SwissMarine Services for one of its Capesize vessels.

Illustration. Image Courtesy: Pixabay under CC0 Creative Commons license

Under the agreement, the company’s 179,492 dwt vessel G. P. Zafirakis would be chartered at a gross rate of USD 17,000 per day.

The charter, expected to commence on January 2, 2019, is for a period of seventeen to twenty months.

Diana Shipping expects that the new employment would generate around USD 8.67 million of gross revenue for the minimum scheduled period of the time charter.

Built in 2014, the Capesize is currently working for German RWE Supply & Trading GmbH at a rate of USD 15,000 per day.