Greece´s dry bulk shipowner Diana Shipping has entered into a time charter contract with Kawasaki Kisen Kaisha, for one of its capesize dry bulk vessels.
The ship in question is New Orleans, a 180,960 dwt capesize dry bulk vessel built in 2015.
K Line hired the vessel for a gross charter rate of $20,000 per day, minus a 5% commission paid to third parties, for a period until minimum August 15, 2025 up to maximum October 31, 2025.
Semiramis Paliou-led Diana said the charter is expected to commence on December 7, 2023.
The employment of the vessel is anticipated to generate around $12.16m of gross revenue for the minimum scheduled period of the time charter.
Upon the completion of the previously announced sale of the vessel Boston, Diana Shipping’s fleet will consist of 40 dry bulk vessels – four newcastlemax, nine capesize, five post-panamax, six kamsarmax, seven panamax and nine ultramax.
The combined carrying capacity of the company’s fleet, including the Boston, is approximately 4.7m dwt with a weighted average age of 10.65 years.
