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Diana Shipping announces time charter contract for m/v Selina with Ausca

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$11,750 per day, minus a 5% commission paid to third parties, for a period of minimum seven (7) months to maximum nine (9) months. The charter commenced on July 15, 2019. The “Selina” is a 75,700 dwt Panamax dry bulk vessel built in 2010. This employment is anticipated to generate approximately US$2.47 million of gross revenue for the minimum scheduled period of the time charter.

Direct Continuation of Time Charter Contract for mv Selina with BG Shipping

Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$12,250 per day, minus a 5% commission paid to third parties, for a period of minimum sixteen months to maximum nineteen months.

Diana seals time charters for pair of capesizes

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.