- Diana Shipping (NYSE:DSX) announced it entered into a time charter contract with Glencore Grain B.V., Rotterdam for one of its Panamax dry bulk vessels.
- The gross charter rate is $5,850 per day. The charter commenced yesterday.
- The employment is anticipated to generate approximately $1.67M of gross revenue for the minimum scheduled period of the time charter.
- Diana Shipping fleet update: 46 dry bulk vessels (2 Newcastlemax, 14 Capesize, 3 Post-Panamax, 4 Kamsarmax and 23 Panamax). The company also expects to take delivery of one new-building Newcastlemax dry bulk vessel during the third quarter of 2016, as well as one new-building Newcastlemax dry bulk vessel and one new-building Kamsarmax dry bulk vessel during the fourth quarter of 2016.
- Source: Press Release