11APR2019 - NEWS - Diana Shipping Inc. announces time charter contract for m/v New Orleans with Cargill

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 Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v New Orleans. The gross charter rate is US$15,000 per day, minus a 4.75% commission paid to third parties, for a period of about sixteen (16) months to about nineteen (19) months. The charter commenced earlier today.
 
The “New Orleans” is a 180,960 dwt Capesize dry bulk vessel built in 2015.
 
This employment is anticipated to generate approximately US$6.98 million of gross revenue for the minimum scheduled period of the time charter.

Published by Editor - www.Livebunkers.com at 11-Apr-2019 06:15:34 [UTC] , contact editor at editor@livebunkers.com