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Diana Shipping announces time charter contract for m/v Los Angeles with SwissMarine
Athens-based Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Newcastlemax dry bulk vessels, the m/v Los Angeles. The gross charter rate is US$19,150 per day, minus a 5% commission paid to third parties, for a period of about nine months to maximum twelve months. The charter is expected to commence on April 17, 2018. The “Los Angeles” is a 206,104 dwt Newcastlemax dry bulk vessel built in 2012.
Diana Shipping Pens Charter Deals for Two Ships
Greek dry bulk owner Diana Shipping has secured more work for two of its bulkers, the 2012-built Los Angeles and the 2010-built Selina. The company’s 206,104 dwt Los Angeles will continue working for Geneva-based SwissMarine Services S.A. for a period of thirteen to fifteen months, no later than April 22, 2018. Diana Shipping said that the daily gross charter rate for the Newcastlemax is 14% above the BCI_2014 average of the five pre-determined time charter routes as published by the Baltic Exchange. SwissMarine initially chartered the bulker in December 2015. The new charter deal commenced on January 22, 2017. Diana Shipping signed the second charter deal with Hong Kong-based BG Shipping Co. Under the agreement, the company’s Panamax vessel Selina was hired for a period of nine to twelve months.
Diana Shipping Inc. Announces Time Charter Contracts for m/v Los Angeles With SwissMarine
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today 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 Newcastlemax dry bulk vessels, the m/v Los Angeles. The gross charter rate is US$7,750 per day, minus a 5% commission paid to third parties, for a period of about twelve (12) months to about fifteen (15) months. The charter commenced today.
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