The Greek dry bulk owner led-by Simeon Palios, a well-known Greek businessman and shipping veteran who has spent many years in the industry, has announced today that, through its separate wholly-owned subsidiary, has taken delivery of the 60,309 deadweight vessel DSI Aquarius, a 2016 built Ultramax dry bulk vessel, formerly named STH Kure. The vessel is one of nine modern Ultramax dry bulk vessels that the company entered into an agreement to purchase in August 2022.

The dry bulk shipowner also sealed, through the same wholly-owned subsidiary, a time charter deal with Engelhart CTP Freight (Switzerland) SA, at a gross charter rate of US$14,200 per day, minus a 5% commission paid to third parties, for a period until minimum January 10, 2024 up to maximum March 25, 2024.

The charter is expected to commence on February 1, 2023, and is anticipated to generate US$4.81 million of gross revenue for the minimum scheduled period of the time charter deal.

The New York-listed Greek bulker owner, which specialises in the ownership and bareboat charter-in of dry bulk vessels, said today that upon completion of the sale of vessel Aliki and including the newly delivered DSI Aquarius, Diana´s Shipping fleet will consist of 42 dry bulk vessels (4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 9 Ultramax).

From today, the combined carrying capacity of the company´s fleet, including the vessel Aliki, is approximately 4.9 million deadweight, with a weighted average age of 10.25 years.

Source: Diana Shipping