Diana Shipping Inc. , a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it took delivery of the m/v “G. P. Zafirakis” (formerly Hull No. BC18.0-50), a 179,492 dwt newly built Capesize dry bulk vessel that the Company entered into an agreement to purchase in June 2014, the company said in its press release.
The m/v “G. P. Zafirakis” is time chartered to RWE Supply & Trading GmbH, Essen, Germany, at a gross charter rate of US$25,250 per day, minus a 5% commission paid to third parties, for a period of up to minimum February 14, 2016 to maximum June 25, 2016. The charter is expected to commence on August 24, 2014.
Additionally, the Company announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with RWE Supply & Trading GmbH, Essen, Germany, for one of its Kamsarmax dry bulk vessels, the m/v “Maia”. The gross charter rate is US$12,000 per day minus a 5% commission paid to third parties, for a period of minimum twelve (12) months to maximum sixteen (16) months. Due to scheduled maintenance, the charter is expected to commence by the end of September, 2014.