Greek bulker owner Diana Shipping has entered into a time charter contract with Kawasaki Kisen Kaisha (K Line) for one of its capesize vessels.
K Line hired the 2015-built, 180,960 dwt bulker New Orleans on a gross charter rate of $20,000 per day, minus a 5% commission paid to third parties, for a period until a minimum of August 15, 2025, up to a maximum of October 31, 2025.
on a gross charter rate of $20,000 per day, minus a 5% commission paid to third parties, for a period until a minimum of August 15, 2025, up to a maximum of October 31, 2025.According to the Semiramis Paliou-led company, the charter is expected to begin on December 7, 2023.
The employment of the vessel is anticipated to generate approximately $12.16m of gross revenue for the minimum scheduled period of the time charter.
Upon the completion of the previously announced sale of the 2007-built Boston, Diana Shipping’s fleet will consist of 40 dry bulk vessels – four newcastlemax, nine capesize, five post-panamax, six kamsarmax, seven panamax, and nine ultramax.
As of today, the combined carrying capacity of the company’s fleet, including the Boston, is approximately 4.7m dwt with a weighted average age of 10.65 years.
