Genco Plans to Extend Time Charter for the Genco Beauty

Thursday, April 19, 2007
Genco Shipping & Trading Limited announced it has reached an agreement to extend the time charter for the Genco Beauty, a 1999-built Panamax vessel currently on charter with Cargill International S.A. The extended time charter would be for an additional 23 to 26 months at a rate of $31,500 per day, less a 5% third party brokerage commission. The time charter, subject to completion of definitive documentation, is expected to commence following the expiration of the vessel's current time charter in June of 2007. Additionally, the Company announced that the previously disclosed time charter for the Genco Vigour is expected to commence following the expiration of the vessel's current time charter on or about May 5, 2007.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Long Beach Port to Boost Power, Speed Clearance

Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled ambitious plans for congestion-beating smart systems for cargo movement and an all-out

31 ARENA Projects Completed

ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia.

Gazprom, OMV Ink Additional Deal

Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss,

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1504 sec (7 req/sec)