rss icon Subscribe
desktop mobile

Diana Shipping Signs TC Contract for m/v Artemis with Ausca

Image: Diana Shipping Inc

Shailaja A. Lakshmi

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Artemis.

The global shipping company specializing in the ownership of dry bulk vessels said in a press release that the gross charter rate is US$12,600 per day, minus a 5% commission paid to third parties, for a period of minimum 12 months to maximum 15 months.

The charter is expected to commence on September 18, 2018. The m/v Artemis is currently chartered, as previously announced, at a gross charter rate of US$9,000 per day, minus a 5% commission paid to third parties.


The "Artemis" is a 76,942 dwt Panamax dry bulk vessel built in 2006.

This employment is anticipated to generate approximately US$4.54 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.'s fleet currently consists of 50 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax). As of today, the combined carrying capacity of the Company's fleet is approximately 5.8 million dwt with a weighted average age of 9.07 years.

Sep 17, 2018

 

Logistics

CN Rail Acquires Trucking Company TransX

Pic: CN Rail

Canadian National Railway (CN) has signed a deal to acquire the Winnipeg-based TransX Group of

Hapag-Lloyd Mulls Better Performance in 2019

Pic: Hapag-Lloyd

German ocean carrier Hapag-Lloyd expects solid growth in 2019, according to the annual report for

Rhenus Acquires World Net Logistics

Image: Rhenus Group

European logistics provider Rhenus Group has acquired South African freight forwarding and

Bulk Carriers

OP/ED: Smoother Sailing

Jennifer Carpenter, EVP and COO of The American Waterways Operators

Consistent Regulations Critical to Maritime Commerce, American Prosperity.“The ease of moving

INSIGHTS: Peter Stephaich

Peter Stephaich, Chairman & CEO, Campbell Transportation Company

Chairman & CEO, Campbell Transportation Company.Peter H. Stephaich is Chairman and CEO of Blue

Kawasaki Delivers Bulk Carrier Divinegate

Image: Kawasaki Heavy Industries

Japanese public multinational corporation Kawasaki Heavy Industries (HKI)announced that it

Maritime Apps