Greek dry bulk owner Diana Shipping has signed new time charter contracts with SwissMarine Services for newcastlemax dry bulk vessels Newport News and Los Angeles.
SwissMarine is paying $16,500 per day for 2017-built Newport News for a period of 16 to 19 months. The charter commenced yesterday in direct continuation with its previous charter, also with SwissMarine.
Diana Shipping has also re-fixed 2012-built newcastlemax Los Angeles to SwissMarine, for 15 to 18 months at a rate of $13,250 per day. The charter is expected to commence on March 3, and the rate is significantly lower than the $19,150 per day previously paid by SwissMarine for the vessel.
The two charters will generate around $13.88m of gross revenue based on the minimum time charter period.
