Diana Shipping announces time charter contract for m/v Los Angeles with SwissMarine
Thursday, Apr 05, 2018
Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Newcastlemax dry bulk vessels, the m/v Los Angeles. The gross charter rate is US$19,150 per day, minus a 5% commission paid to third parties, for a period of about nine (9) months to maximum twelve (12) months. The charter is expected to commence on April 17, 2018.
 
The “Los Angeles” is a 206,104 dwt Newcastlemax dry bulk vessel built in 2012.
 
This employment is anticipated to generate approximately US$4.88 million of gross revenue for the minimum scheduled period of the time charter.
 
Diana Shipping Inc.’s fleet currently consists of 50 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.8 million dwt with a weighted average age of 8.61 years.

For more information, please visit: http://www.dianashippinginc.com

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