Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels has agreed, through a separate wholly-owned subsidiary, to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the M/V Aliki, for a period of about eleven (11) months to maximum fourteen (14) months, the Company said in a press release.
The gross charter rate is US$10,300 per day, minus a 5% commission paid to third parties. The new charter period is expected to commence on February 13, 2017.
The “Aliki” is a 180,235 dwt Capesize dry bulk vessel built in 2005.
The employment extension of “Aliki” is anticipated to generate approximately US$3.24 million of gross revenue for the minimum scheduled period of the time charter.
About the Company
Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. Diana Shipping Inc.’s fleet currently consists of 48 dry bulk vessels (4 Newcastlemax, 14 Capesize, 3 Post-Panamax, 4 Kamsarmax and 23 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.7 million dwt with a weighted average age of 7.70 years.
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