Diana Shipping Fixes Selina with Ausca

July 17, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it 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 global shipping company specializing in the ownership of dry bulk vessels, said that the gross charter rate is US$11,750 per day, minus a 5% commission paid to third parties, for a period of minimum seven months to maximum nine months.

The charter commenced on July 15, 2019, it said.

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.

Diana Shipping Inc.’s fleet currently consists of 44 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 16 Panamax).

As of today, the combined carrying capacity of the Company’s fleet is approximately 5.4 million dwt with a weighted average age of 9.28 years. A table describing the current Diana Shipping Inc.

Logistics News

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Compromise Agreements Yield over $2.3 Million in Penalties

Compromise Agreements Yield over $2.3 Million in Penalties

Antwerp Euroterminal Readies Shore Power Facility

Antwerp Euroterminal Readies Shore Power Facility

US Regulator Seeks New Emissions Data from Venture Global LNG

US Regulator Seeks New Emissions Data from Venture Global LNG

Subscribe for Maritime Logistics Professional E‑News