Diana Shipping’s Nasdaq-listed spinoff OceanPal has struck a time charter deal with Tongli Shipping for its panamax dry bulk vessel, Calipso.
This is the second time the 2005-built ship has been booked this month. The Calipso is currently chartered to Atlantic Coal And Bulk at a charter rate of $17,850 per day. The UK-based firm picked up the vessel for about 25 days after its deal with Crystal Sea Shipping fell through.
The new charter for the 73,691 dwt ship is expected to commence on March 9, 2022, and last for a minimum of 90 days up to a maximum of August 5, 2022, at $24,500 per day. OceanPal said it expects to earn around $2.21m for the minimum scheduled period of the time charter.
The company’s fleet currently stands at three bulkers: one capesize and two panamaxes.