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            april 20, 2019

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Indiaexportnews.com

Diana Shipping Inc. announces time charter contract for m/v Danae with Phaethon

  06.02.2019    

Diana Shipping Inc. through a separate wholly-owned subsidiary has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Danae. The gross charter rate is US$8,100 per day, minus a 5% commission paid to third parties, for a period of minimum 11 months to maximum 14 months.
The “Danae” is a 75,106 dwt Panamax dry bulk vessel built in 2001.
This employment is anticipated to generate approximately US$2.67 million of gross revenue for the minimum scheduled period of the time charter.




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