Greece-based and New York-listed Diana Shipping has won a time charter contract with Paralos Shipping, for one of its kamsarmax dry bulk vessels.
Paralos Shipping hired the 81,513-dwt kamsarmax dry bulk vessel Astarte, built in 2013.
Semiramis Paliou-led Diana fixed the vessel for a minimum period until July 15, 2025, up to maximum of September 15, 2025.
The vessel is chartered for a gross charter rate of $14,000 per day, minus a 5.00% commission paid to third parties.
The charter is expected to commence on August 18, 2024.
The Greek owner said the employment of Astarte is anticipated to bring to the company around $4.58m of gross revenue for the minimum scheduled period of the time charter.
Upon completion of the previously announced sale of the ship Houston, Diana Shipping Inc.’s fleet will consist of 38 dry bulk vessels, including four newcastlemax, eight capesize, five post-panamax, six kamsarmax, six panamax and nine 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 11.03 years.
