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Diana Shipping fixes another ultramax to ASL

Greek bulker owner Diana Shipping has secured a new time charter deal with ASL Bulk Marine, for another one of its recently-delivered ultramaxes.

The New York-listed company has fixed the 60,404 dwt DSI Polaris between 18 and 20 months at $13,100 per day. The charter has already commenced.

The 2018-built bulker is one of the nine vessels Diana acquired from Stamford-based Sea Trade Holdings in August. The vessel is expected to earn close to $7.1m gross for the minimum scheduled period of the charter.

The deal follows ASL’s charter of the 2017-built ultramax DSI Phoenix earlier in November. The contract is between 16 and 18 months at a dayrate of $13,250.

Diana Shipping has also announced the delivery of the 2016-built DSI Andromeda, formerly known as STH Tokyo, taking its fleet to 39 bulkers with four more to deliver in the fourth quarter of 2022.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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