06MAR2019 - NEWS - Diana Shipping Inc. announces time charter contract for m/v San Francisco with Koch

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v San Francisco. The gross charter rate is US$16,000 per day, minus a 5% commission paid to third parties, for a period of minimum nineteen (19) months to about twenty-two (22) months. The charter commenced earlier today.
 
The “San Francisco” is a 208,006 dwt Newcastlemax dry bulk vessel built in 2017.
 
This employment is anticipated to generate approximately US$9.12 million of gross revenue for the minimum scheduled period of the time charter.

Published by Editor - www.Livebunkers.com at 06-Mar-2019 06:00:34 [UTC] , contact editor at editor@livebunkers.com