Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has extended the time charter contract with Oldendorff Carriers, for one of its post-panamax dry bulk vessels, the Polymnia.
Oldendorff
Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has extended the time charter contract with Oldendorff Carriers, for one of its post-panamax dry bulk vessels, the Polymnia.
Oldendorff Carriers hired the 98,704-dwt dry bulk vessel built in 2012.
The vessel is chartered for a gross charter rate of $20,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 1, 2027, up to maximum April 30, 2027.
The new charter period is expected to begin on June 1, 2026.
The post-panamax vessel is currently chartered at a gross charter rate of $14,000 per day, minus a 5.00% commission paid to third parties.
The employment extension of Polymnia is anticipated to bring to the company around $5.36m of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping’s fleet currently consists of 36 dry bulk vessels (4 newcastlemax, 8 capesize,
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