Dry Cargo
9/7/2011

Panamax dry bulk carrier M/V Arethusa delivered to Diana Shipping


Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, announced Friday (07.08) that the Company has taken delivery on July 7, 2011 of the m/v "Corona", renamed "Arethusa", a 73,593 dwt Panamax dry bulk carrier built in 2007.
As previously announced, the Arethusa is chartered to Cargill International S.A., Geneva for a period of about eleven (11) months to about thirteen (13) months, at a gross charter rate of US$13,250 per day, minus a 5% commission paid to third parties. The charter commenced today.
This employment is anticipated to generate approximately US$4.2 million of gross revenue for the minimum scheduled period of the charter.
Including the newly-delivered "Arethusa", the Diana Shipping Inc. fleet currently consists of 24 dry bulk carriers (15 Panamax, 1 Post-Panamax and 8 Capesize) with a weighted average age of 5.8 years. The Company also previously announced two Newcastlemax new-building dry bulk carriers that are expected to be delivered during the first half of 2012.

Source: Diana Shipping Inc.


Dry Cargo News

Star Bulk announced that on September 19, 2014 it has taken delivery of M/V Leviathan, a 182,000 dwt Capesize built by Japan Marine United ("JMU"), one of the leading shipyards worldwide.
NewLead (OTC: NEWL) announced today that the "Newlead Castellano", a 2013-built dry-bulk eco-type Handysize vessel of 35,542 dwt, was delivered to NewLead's owned fleet on September 16, 2014.
Lion Shipbrokers report in week 38 that M/V "BERGE MCCLINTOCK" (179,515 dwt, blt 2012 Hanjin/S. Korea, AB, 9 HO/9 HA, MAN-B+W 6S70MC-C8) was sold to Greek buyers in the secondhand market (clients of Navios) for USD 52.5 million.
Valemaxes: the world’s largest bulkers and the most controversial ships in commercial shipping in many years may finally be used as they were intended after a deal between Cosco and Vale last week.








Market Reports

Search

Enter Keyword
Filter by Category