The Greek dry bulk owner Diana Shipping has sealed a time charter deal, through a separate wholly-owned subsidiary, with Solebay Shipping Cape Company Limited in Hong Kong, for one of its Capesize dry bulk vessels, the G. P. Zafirakis.
The “G. P. Zafirakis” is a 179,492 dwt Capesize dry bulk vessel built in 2014.
The Shipowner states, that the gross charter rate is US$17,000 per day, minus a 5% commission paid to third parties, for a period until minimum June 15, 2024 up to maximum August 15, 2024. The charter is expected to commence on January 10, 2023.
This time charter employment of G. P. Zafirakis is anticipated to generate approximately US$8.76 million of gross revenue, for the minimum scheduled period of the time charter, as it is declared by the company.
Diana Shipping fleet currently consists of 42 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 8 Ultramax).
The company also expects to take delivery of 1 Ultramax dry bulk vessel by the end of January of 2023. The combined carrying capacity of the company’s fleet, excluding the 1 Ultramax dry bulk vessel not yet delivered, is approximately 4.9 million dwt with a weighted average age of 10.23 years.