Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one of its panamax dry bulk vessels,
Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one of its panamax dry bulk vessels, the Crystalia.
SwissMarine hired the 77,525-dwt ice class panamax dry bulk vessel built in 2014.
The vessel is chartered for a gross charter rate of $16,200 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 10, 2027, up to maximum May 10, 2027.
The charter is expected to begin on March 11, 2026.
The vessel is currently chartered to Louis Dreyfus Company Freight Asia Pte. Ltd. at a gross charter rate of $13,900 per day, minus a 5.00% commission paid to third parties.
The employment of Crystalia is anticipated to generate a total of around $5.78m of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently
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