Diana Shipping announces Time Charter Contract with Uniper

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(Image Courtesy: Diana Shipping)

Diana Shipping has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi.

The gross charter rate is US$9,300 per day, minus a 5% commission paid to third parties, for a period of minimum thirteen (13) months to maximum sixteen (16) months. The new charter period is expected to commence on June 9, 2020.

The “Atalandi” is a 77,529 dwt Ice Class Panamax dry bulk vessel built in 2014.

This employment is anticipated to generate approximately US$3.63 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 41 dry bulk vessels (4 Newcastlemax, 13 Capesize, 5 Post-Panamax, 5 Kamsarmax and 14 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.1 million dwt with a weighted average age of 9.72 years.

Sea News, June 8