Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, 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 months to maximum sixteen months.
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.