Athens: Diana Shipping’s newly delivered kamsarmax bulk carrier Medusa (82,194 dwt, built 2010) has won a 10- to 14-month timecharter from Clearlake Shipping (Singapore).
Diana purchased the vessel in April from Japan’s Shikishima Kisen for around $18.05m.
The Medusa has been fixed at a rate of $7,450 per day, less 4.75% commission paid to third parties.
Diana says it expects the contract to generate around $2.2m of revenue for the minimum 10-month period of the charter, which began today.
Clearlake has three other Diana bulk carriers on timecharter, comprising the capesize vessels Boston (177,800 dwt, built 2007) and Norfolk (164,218 dwt, built 2002); plus the kamsarmax Myrsini (82,117 dwt, built 2010). The Gunvor subsidiary has already extended its original contracts on all these vessels.