Diana Shipping Announces Time Charter Contract for m/v Calipso with Uniper


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 Uniper Global Commodities SE, Düsseldorf, for one of its Panamax dry bulk vessels, the m/v Calipso, for a period until minimum October 15, 2020 up to maximum December 31, 2020.

The gross charter rate is US$4,750 per day for the first forty-five (45) days of the charter period and US$8,250 per day for the balance of the time charter, in each case minus a 5% commission paid to third parties. The charter commenced on April 13, 2020.

The “Calipso” is a 73,691 dwt Panamax dry bulk vessel built in 2005.

This employment is anticipated to generate approximately US$1.34 million of gross revenue for the minimum scheduled period of the time charter.



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