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Diana Shipping announces time charter contract with Stone Shipping
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 Stone Shipping Ltd, for one of its Ultramax dry bulk vessels, the m/v DSI Aquarius.
The gross charter rate is US$14,500, minus a 5% commission paid to third parties, for a period until minimum December 1, 2024 up to maximum February 1, 2025. The charter is expected to commence on January 19, 2024.
The “DSI Aquarius” is a 60,309 dwt Ultramax dry bulk vessel built in 2016.
The employment of “DSI Aquarius” is anticipated to generate approximately US$4.52 million of gross revenue for the minimum scheduled period of the time charter.