Marine Link
Wednesday, September 28, 2016

Diana Shipping, M/V Danae Charter

April 7, 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.



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News