Diana Shipping announces time charter Contract with Raffles Shipping
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Raffles Shipping International Pte. Ltd., for one of its Panamax dry bulk vessels, the m/v Selina.
The gross charter rate is US$10,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 1, 2025 up to maximum April 20, 2025. The charter is expected to commence tomorrow.
The “Selina” is a 75,700 dwt Panamax dry bulk vessel built in 2010.
The employment of “Selina” is anticipated to generate approximately US$1.39 million of gross revenue for the minimum scheduled period of the time charter.