Diana Shipping Inks Time Charter Contract for MV Coronis

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Diana Shipping on Thursday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CJ International Italy Societa Per Azioni for one of its Panamax dry bulk vessels, the m/v Coronis, for a period of minimum twelve (12) months to maximum fifteen (15) months.

The gross charter rate is US$8,300 per day for the first sixty (60) days of the charter period and US$11,300 per day for the balance period of the time charter, in each case minus a 5% commission paid to third parties.

The charter commenced on August 11, 2018. The m/v Coronis was chartered, as previously announced, to Narina Maritime Ltd, at a gross charter rate of US$9,000 per day, minus a 5% commission paid to third parties, for the agreed period of the time charter.

Sea News, August 17

Baibhav Mishra
Author: Baibhav Mishra

Associate Editor, Sea News