NYSE-listed Diana Shipping has chartered out its 2011-built capesize Seattle to Geneva-based operator SwissMarine Services.
to Geneva-based operator SwissMarine Services.The time charter contract is for a period of between eleven to fourteen months, commencing on December 9 at a rate of $7,300 per day minus 4.75% commission paid to third parties. The deal is expected to generate around $2.3m gross revenue for Diana based on the minimum charter period.
Diana Shipping acquired the vessel, formerly named Churchill Bulker, from Denmark’s J Lauritzen for $28.5m last month.
Additionally, Diana has announced that it has reached an agreement with China Shipbuilding Trading Company and Jiangnan Shipyard to extend the delivery of two Newcastlemax bunkers by approximately five months. The vessels are now expected to be delivered in the third and fourth quarters of 2016.
