18OCT2018 - NEWS - Diana Shipping Inc. announces direct continuation of time charter contract for m/v Astarte with Glencore

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 agreed to extend the present time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels, the m/v Astarte. The gross charter rate is US$14,250 per day, minus a 5% commission paid to third parties, for a period of minimum fourteen (14) months to maximum seventeen (17) months. The new charter period commenced yesterday. The m/v Astarte was chartered, as previously announced, at a gross charter rate of US$9,000 per day, minus a 5% commission paid to third parties.
 
The “Astarte” is a 81,513 dwt Kamsarmax dry bulk vessel built in 2013.
 
The employment extension of “Astarte” is anticipated to generate approximately US$5.99 million of gross revenue for the minimum scheduled period of the time charter extension.

Published by Editor - www.Livebunkers.com at 18-Oct-2018 04:50:40 [UTC] , contact editor at editor@livebunkers.com