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 September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

Kalmar 5th Generation Gloria Reachstackers Enter US

Kalmar, part of Cargotec, is launching its highly acclaimed range of reachstackers, called Gloria into the Americas. The eagerly awaited launch follows the successful

Foster Wheeler & MDM Engineering Merged

Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”)

 
 
Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1321 sec (8 req/sec)