Diana Shipping Announces Time Charter Contract for m/v Aliki with SwissMarine

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(Image Courtesy: Steinar Hagen/Marine Traffic)

Diana Shipping on Tuesday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services, Geneva, for one of its Capesize dry bulk vessels, the m/v Aliki.

The gross charter rate is USD 18,000 per day, minus a 5% commission paid to third parties, for a period of minimum twenty (20) months to maximum 22 months.

The charter is expected to commence on April 4, 2018. The m/v Aliki is currently chartered, as previously announced, at a gross charter rate of USD 10,300 per day, minus a 5% commission paid to third parties.

The “Aliki” is a 180,235 dwt Capesize dry bulk vessel built in 2005. This employment is anticipated to generate approximately USD 10.8 million of gross revenue for the minimum scheduled period of the time charter.

Sea News, March 28