XINDE MARINE NEWS
Diana Shipping Inc. Announces Time Charter Contract for m/v Astarte with Paralos Shipping Diana Shipping 2024-08-14 10:48


Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Paralos Shipping Pte., Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Astarte. The gross charter rate is US$14,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum July 15, 2025 up to maximum September 15, 2025. The charter is expected to commence on August 18, 2024.
 
The “Astarte” is an 81,513 dwt Kamsarmax dry bulk vessel built in 2013.
 
The employment of “Astarte” is anticipated to generate approximately US$4.58 million of gross revenue for the minimum scheduled period of the time charter.
 
Upon completion of the previously announced sale of m/v Houston, Diana Shipping Inc.’s fleet will consist of 38 dry bulk vessels: 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax. The Company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively. As of today, the combined carrying capacity of the Company’s fleet including the m/v Houston and excluding the two vessels not yet delivered, is approximately 4.4 million dwt with a weighted average age of 11.03 years. 

source: Diana

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

Please Contact Us at:

 

media@xindemarine.com


展开全文

Related Posts

Ningbo Containerized Freight Index Weekly Commentary: Freight Rates Show Mixed Movements, Composite I

NINGBO SHIPPING EXCHANGE2025-06-09

Ningbo Containerized Freight Index Weekly Commentary: High Demand Pushes Up Freight Rates; Composite

NINGBO SHIPPING EXCHANGE2025-06-03

Ningbo Containerized Freight Index Weekly Commentary: Overall Increase in Transportation Demand with

NINGBO SHIPPING EXCHANGE2025-05-29

Europe & Med Trade Heats Up: Container Freight Rates Set to Surge from June 1st

xinde marine news Chen Yang2025-05-19

Ningbo Containerized Freight Index Weekly Commentary: Freight Rates on North America Route Rise as Ta

NINGBO SHIPPING EXCHANGE2025-05-19

Listed liner operators sail longer, faster and further – and have higher emissions

Mariner Communications2025-05-16