Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Delta Corp Shipping Pte. Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Pollux. The gross charter rate is US$17,000 per day, minus a 5% commission paid to third parties, for a period of minimum fourteen (14) months to maximum sixteen (16) months. The charter commenced earlier today.
The “DSI Pollux” is a 60,446 dwt Ultramax dry bulk vessel built in 2015.
The employment of “DSI Pollux” is anticipated to generate approximately US$7.14 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 36 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 2 Ultramax). The Company also expects to take delivery of 7 Ultramax dry bulk vessels in the fourth quarter of 2022. As of today, the combined carrying capacity of our fleet, excluding the 7 Ultramax dry bulk vessels not yet delivered, is approximately 4.5 million dwt with a weighted average age of 10.33 years.
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