Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Myrto.
The gross charter rate is US$14,000 per day, minus a 4.75% commission paid to third parties, for a period of about nine months to maximum eleven months. The new charter period commenced on July 18, 2019.
The “Myrto” is a 82,131 dwt Kamsarmax dry bulk vessel built in 2013.
This employment is anticipated to generate approximately US$3.57 million of gross revenue for the minimum scheduled period of the time charter.