21DEC2018 - NEWS - Diana Shipping Inc. announces time charter contract for m/v Seattle with SwissMarine

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 SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Seattle. The gross charter rate is US$16,000 per day, minus a 5% commission paid to third parties, for a period of minimum sixteen (16) months to maximum nineteen (19) months. The charter is expected to commence on December 25, 2018.
 
The “Seattle” is a 179,362 dwt Capesize dry bulk vessel built in 2011.
 
This employment is anticipated to generate approximately US$7.68 million of gross revenue for the minimum scheduled period of the time charter.

Published by Editor - www.Livebunkers.com at 21-Dec-2018 05:24:40 [UTC] , contact editor at editor@livebunkers.com