Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Aliki.
The gross charter rate is US$11,300 per day, minus a 5% commission paid to third parties, for a period until minimum January 1, 2021 up to maximum March 15, 2021. The charter commenced on April 23, 2020.
The “Aliki” is a 180,235 dwt Capesize dry bulk vessel built in 2005.
This employment is anticipated to generate approximately US$2.81 million of gross revenue for the minimum scheduled period of the time charter.