Diana Shipping announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Aquavita International S.A., for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is US$13,250 per day, minus a 4.75% commission paid to third parties, for a period until minimum March 5, 2024 up to maximum May 5, 2024. The new charter period is expected to commence on February 15, 2023.
The “Atalandi” is a 77,529 dwt Ice Class Panamax dry bulk vessel built in 2014.
The Company also 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 Panamax dry bulk vessels, the m/v Leto. The gross charter rate is US$14,500 per day, minus a 4.75% commission paid to third parties, for a period until minimum March 1, 2024 up to maximum April 30, 2024. The charter is expected to commence by the end of January of 2023.
The “Leto” is a 81,297 dwt Panamax dry bulk vessel built in 2010.
The employment extension of “Atalandi” as well as the employment of “Leto” are anticipated to generate approximately US$10.68 million of gross revenue for the minimum scheduled period of the time charters.
