Connect with us

Maritime News

Diana Shipping Announces Time Charter Contract For M/V Artemis

Published

on

Diana Shipping Announces Time Charter Contract For M/V Artemis 1

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 Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Artemis.

The gross charter rate is US$12,600 per day, minus a 5% commission paid to third parties, for a period of minimum twelve (12) months to maximum fifteen (15) months. The charter is expected to commence on September 18, 2018. The m/v Artemis is currently chartered, as previously announced, at a gross charter rate of US$9,000 per day, minus a 5% commission paid to third parties.

The “Artemis” is a 76,942 dwt Panamax dry bulk vessel built in 2006.

This employment is anticipated to generate approximately US$4.54 million of gross revenue for the minimum scheduled period of the time charter.

Press Releases: dianashippinginc.com

Photo Courtesy: dianashippinginc.com

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *