Photo credit: Diana Shipping
Greece-based and New York-listed Diana Shipping has won a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its capesize dry bulk vessels.
Nippon Yusen Kabushiki Kaisha hired the 179,492-dwt capesize dry bulk vessel G.P. Zafirakis, built in 2014.
Semiramis Paliou-led Diana fixed the vessel for a period of minimum twenty-three months to maximum twenty-six months.
The vessel is chartered for a gross charter rate of $26,800 per day, minus a 5.00% commission paid to third parties.
The charter is expected to begin on September 9, 2024.
The Greek shipowner said the employment of G.P. Zafirakis is anticipated to bring to the company around $18.49m of gross revenue for the minimum scheduled period of the time charter.
The vessel was chartered to Solebay Shipping Cape Company Limited, Hong Kong, at a gross charter rate of $17,000 per day, minus a 5.00% commission paid to third parties.
Upon completion of the previously announced sale of the ship Houston, Diana Shipping Inc.’s fleet will consist of 38 dry bulk vessels, including 4 newcastlemax, 8 capesize, 5 post-panamax, 6 kamsarmax, 6 panamax and 9 ultramax.
The Palios family also expects to take delivery of two methanol dual fuel new-building kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively.
Currently, the combined carrying capacity of the company’s fleet including the vessel Houston and excluding the two vessels not yet delivered, is approximately 4.4 million dwt with a weighted average age of 11.06 years.
