rss icon Subscribe
desktop mobile

Diana Shipping Sings TC Contract for m/v Calipso With Glencore

Calipso. Photo: Diana Shipping Inc.

By Aiswarya Lakshmi

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Calipso.

The gross charter rate is US$12,200 per day, minus a 5% commission paid to third parties, for a period of about 15 months to maximum 18 months. The charter is expected to commence on March 12, 2018.
The m/v Calipso was chartered, as previously announced, to Transgrain Shipping B.V., Rotterdam, at a gross charter rate of US$9,000 per day, minus a 5% commission paid to third parties.
The "Calipso" is a 73,691 dwt Panamax dry bulk vessel built in 2005.
This employment is anticipated to generate approximately US$5.31 million of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.'s fleet currently consists of 50 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax).
As of today, the combined carrying capacity of the Company's fleet is approximately 5.8 million dwt with a weighted average age of 8.54 years.

Mar 9, 2018

 

Bulk Carriers

Chinese Steel Mills Chase Iron Ore Contracts with Brazil's Vale

© Fotosenmeer / Adobe Stock

Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron

WE Tech Equips World’s First Dual-fuel Handysize Bulker

The first LNG dual-fueled handysize bulk carrier in the world, M/V Haaga, features a range of energy efficiency solutions on board (Photo: ESL Shipping)

The world’s first liquefied natural gas (LNG) dual-fueled handysize bulk carrier, M/V Haaga

Olmsted: Online & Open

A USACE rendering of the Olmsted lock area infrastructure (Credit: US GAO)

After more than 30 years of frustratingly slow progress, cost overruns and more than a few mistakes

Contracts

Chinese Steel Mills Chase Iron Ore Contracts with Brazil's Vale

Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of such grades

MAN Propulsion for 7 Russian Factory Trawlers

(Image: MAN Energy Solutions)

MAN Energy Solutions said it has won the contract to supply propulsion systems for seven new

Austal Awarded Two More Independence-variant LCS

(U.S. Navy photo courtesy of Austal USA)

The U.S. Navy awarded a contract modification to shipbuilder Austal USA to build two additional

Maritime Apps