The 2009-built, 82,193 dwt bulker will be hired at a gross daily rate of $11,600, subject to a 5% commission to third parties. The charter is set to commence on December 9, 2024, with a minimum duration extending until November 1, 2025, and a maximum extension until December 31, 2025.
This deal is expected to generate around $3.75 million in gross revenue over the minimum duration of the charter. Diana Shipping’s fleet includes 38 dry bulk vessels, such as four Newcastlemaxes, eight Capesizes, five post-Panamaxes, six Kamsarmaxes, six Panamaxes, and nine Ultramaxes. The company is also set to receive two new Kamsarmax dry bulk vessels, which will be dual-fuel methanol-powered, expected to be delivered by mid-2027 and mid-2028.
With a combined carrying capacity of approximately 4.2 million dwt, excluding the newbuilds, Diana Shipping’s fleet has a weighted average age of 11.18 years.
In other developments, Diana Shipping has joined the Sea Cargo Charter this week, a global framework for assessing and disclosing the climate alignment of chartering activities. The company is one of the first major shipowners to sign the charter, which aims to reduce greenhouse gas emissions and foster environmentally responsible shipping practices. Semiramis Paliou, Director and CEO of Diana Shipping, expressed the company's commitment to aligning with the Sea Cargo Charter’s objectives.