Diana Shipping Fixes with Uniper and Phaethon

January 28, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite, for a period of minimum 14 months to maximum 17 months.

The global shipping company specializing in the ownership of dry bulk vessels said in a press release that the gross charter rate is US$5,000 per day for the first five (5) days of the charter period and US$12,750 per day for the balance period of the time charter, in each case minus a 5% commission paid to third parties.

The m/v Amphitrite was chartered, as previously announced, to Cargill International S.A., Geneva, at a gross charter rate of US$11,150 per day, minus a 4.75% commission paid to third parties, for the agreed period of the time charter.

The “Amphitrite” is a 98,697 dwt Post-Panamax dry bulk vessel built in 2012.

Diana Shipping also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Naias.

The gross charter rate is US$10,000 per day, minus a 5% commission paid to third parties, for a period of minimum 23 months to about 26 months. The charter commenced on January 26, 2019.

The m/v Naias was chartered, as previously announced, at a gross charter rate of US$10,000 per day, minus a 5% commission paid to third parties, until January 26, 2019.

The “Naias” is a 73,546 dwt Panamax dry bulk vessel built in 2006.

The employments of “Amphitrite” and “Naias” are anticipated to generate approximately US$12.22 million of gross revenue for the minimum scheduled period of the time charters.

Diana Shipping Inc.’s fleet currently consists of 48 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 20 Panamax).

Logistics News

Saronic Picks Texas for New $3B Shipyard

Saronic Picks Texas for New $3B Shipyard

EU Grain Exporters Prepare for Increased Demand Amidst Black Sea Attacks

EU Grain Exporters Prepare for Increased Demand Amidst Black Sea Attacks

Port of Antwerp-Bruges Sees Decline in Goods in H1 2026

Port of Antwerp-Bruges Sees Decline in Goods in H1 2026

European Wheat Prices Jump to 17-Month High Amidst Renewed Black Sea Tensions

European Wheat Prices Jump to 17-Month High Amidst Renewed Black Sea Tensions

Subscribe for Maritime Logistics Professional E‑News

Sources: Assailants board a chemical products tanker near Yemen in suspected hijacking.
Satellite images and experts confirm that a sanctioned tanker has leaked oil near Oman.
FAA restores Boeing's authority to certify 787, 737 MAX planes