Diana Shipping, M/V Danae Charter

Tuesday, April 07, 2009

Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the transportation of dry bulk cargoes, announced that it has entered into a time charter contract with Augustea Atlantica Srl, Naples, Italy, or their fully guaranteed nominee, for one of its Panamax dry bulk carriers, the M/V Danae, at a gross daily charter rate of $12k for a period of about twenty-two to about twenty-four months.

The charter is expected to commence on or about April 6, 2009 and will further increase the company's employment cover through 2010 and into early 2011. This employment is expected to generate approximately $8m of gross revenues for the minimum scheduled period of the charter.

The m/v Danae is a 75,106 dwt Panamax dry bulk carrier built in 2001.


People & Company News

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

MN100: Conrad Shipyard

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries,

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0980 sec (10 req/sec)