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Indiaexportnews.com

Diana Shipping announces time charter contract for m/v Clio

  21.04.2010    

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Daelim Corporation, Seoul, for one of its Panamax dry bulk carriers, the m/v Clio, at a gross charter rate of US$25,000 per day for a period of minimum twenty three (23) to maximum twenty five (25) months. The charter is expected to commence during the first half of May 2010.
This employment is anticipated to generate approximately US$17.3 million of gross revenue for the minimum scheduled period of the charter.
The m/v Clio is a 73,691 dwt Panamax dry bulk carrier built in 2005.



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