Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Astarte.
The gross charter rate is US$15,000 per day, minus a 5% commission paid to third parties, for a period until minimum August 1, 2024 up to maximum October 1, 2024. The charter is expected to commence on April 30, 2023.
The “Astarte” is a 81,513 dwt Kamsarmax dry bulk vessel built in 2013.
The employment of “Astarte” is anticipated to generate approximately US$6.78 million of gross revenue for the minimum scheduled period of the time charter.