Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its post-panamax dry bulk
Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its post-panamax dry bulk vessels, the Phaidra.
NYK hired the 87,146 dwt post-panamax dry bulk vessel built in 2013.
The vessel is chartered for a gross charter rate of $14,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum February 20, 2027, up to maximum April 20, 2027.
The charter is expected to begin on February 24, 2026. The Phaidra is currently chartered at a gross charter rate of $9,750 per day, minus a 5.00% commission paid to third parties.
The employment of Phaidra is anticipated to generate a total of approximately $5.18m of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists of 36 dry bulk vessels (4 newcastlemax,
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