Diana Shipping Inc. Announces Time Charter Contract for m/v Crystalia With Glencore
Diana Shipping inc. common stock (DSX)
Last diana shipping inc. common stock earnings: 2/21 07:53 am
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Source: GlobeNewswire
ATHENS, Greece, Oct. 03, 2017 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia. The gross charter rate is US$11,100 per day, minus a 5% commission paid to third parties, for a period of minimum twelve (12) months to about fifteen (15) months. The charter is expected to commence later today. The m/v Crystalia is currently chartered, as previously announced, to SwissMarine Services S.A., Geneva, at a gross charter rate of US$6,250 per day, minus a 5% commission paid to third parties. The “Crystalia” is a 77,525 dwt Ice Class Panamax dry bulk vessel built in 2014. This employment is anticipated to generate approximately US$4.0 million of gross revenue for the minimum
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