Diana Shipping Announces Time Charter Contract for Protefs with Transgrain
By Aiswarya Lakshmi
Sunday, February 21, 2016
Diana Shipping has chartered the 73,630 dwt, 2004-built panamax, Protefs to Transgrain shipping for 12 – 16 months at a rate of $4,500 per day minus 5% commission.
This employment is anticipated to generate approximately US$1.55 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 43 dry bulk vessels (2 Newcastlemax, 14 Capesize, 3 Post-Panamax, 4 Kamsarmax and 20 Panamax).
Diana Shipping also expects to take delivery of three Panamax dry bulk vessels by the end of March 2016, one new-building Newcastlemax dry bulk vessel during the third quarter of 2016, as well as one new-building Newcastlemax dry bulk vessel and one new-building Kamsarmax dry bulk vessel during the fourth quarter of 2016.
As of today, the combined carrying capacity of Diana Shipping’s fleet, excluding the six vessels not yet delivered, is approximately 5.0 million dwt with a weighted average age of 7.48 years.