Diana Shipping charters out post-panamax to Reachy Shipping
Source: Splash247
New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Reachy Shipping for one of its vessels.
Aquavita chartered the 2012-built, 98,704 dwt, post-panamax bulker Polymnia for a gross charter rate of $17,500, minus a 5% commission paid to third parties, for a period until a minimum of August 1, 2025, up to a maximum September 30, 2025.
The vessel is currently chartered to Cobelfret at a gross charter rate of $15,000 per day, minus a 5.00% commission paid to third parties.
The company said that the charter was expected to begin on June 8. The employment of the Polymnia is anticipated to generate around $7.25m of gross revenue for the minimum scheduled period of the time charter.
Upon completion of the previously announced sale of the Houston bulker, Diana Shipping’s fleet will consist of 38 dry bulk vessels – four newcastlemaxes, eight capesizes, five post-panamaxes, six kamsarmaxes, six panamaxes, and nine ultramaxes.
The company 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 fleet including the Houston and excluding the two vessels not yet delivered, is approximately 4.4m dwt with a weighted average age of 10.84 years.
Diana Shipping announced a charter of another post-panamax, the Electra, with Aquavita International on Monday. The employment of the vessel is anticipated to generate at least $6.89m.
The original article: belongs to Splash247 .
