Diana Shipping Announces Time Charter Contract for Amphitrite with SwissMarine

Diana

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 SwissMarine Pte Ltd., Singapore, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite.

The gross charter rate is US$10,250 per day, minus a 5% commission paid to third parties, for a period of about thirteen months to maximum fifteen months. The charter commenced on March 21, 2020.

The “Amphitrite” is a 98,697 dwt Post-Panamax dry bulk vessel built in 2012.

This employment is anticipated to generate approximately US$3.84 million of gross revenue for the minimum scheduled period of the time charter.

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