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Koch Shipping News

18 Oct 2022

Himalaya Shipping Secures Time Charters for Four More Ships

Himalaya Shipping on Monday announced it has entered into time charter agreements for four dry bulk vessels with Koch Shipping Pte Ltd.The bulk carrier newbuilds will commence a 24-month time charter with an evergreen structure upon delivery from China's New Times Shipyard in the second and third quarter of 2023, with certain options to roll two charters to 2024.Himalaya Shipping said the vessels will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index…

04 Jun 2020

Diana Charters Capesize to Koch Shipping

Dry bulk shipowner Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the 179,492 dwt G. P. Zafirakis, built in 2014.The gross charter rate is $13,200 per day, minus a 5% commission paid to third parties, for a period until minimum October 1, 2021 up to maximum December 31, 2021. The charter commenced on May 31, 2020.Diana said it expects the employment to generate approximately $6.34 million of gross revenue for the minimum scheduled period of the time charter.

20 Feb 2020

Diana Shipping Fixes Coronis with Koch

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Coronis.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$8,000 per day, minus a 5% commission paid to third parties, for a period of about nine months to about 10 months.The charter commenced earlier today. The m/v Coronis was previously chartered to Tongli Shipping Pte. Ltd., at a gross charter rate of US$5,300 per day, minus a 5% commission paid to third parties.The Coronis is a 74…

03 Dec 2019

Diana Shipping Wins Ausca, Koch Charters

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini.According to the global shipping company specializing in the ownership of dry bulk vessels, the gross charter rate is US$11,500 per day, minus a 5% commission paid to third parties, for a period of minimum 13 months to about 15 months. The charter is expected to commence on December 4, 2019.The “Myrsini” is a 82,117 dwt Kamsarmax dry bulk vessel built in 2010.The Greece-based company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte.

25 Jul 2019

Ocean Yield Adds Another VLCC Newbuild

Norway-based shipping company Ocean Yield has taken delivery of Nissos Antiparos, a VLCC newbuild delivered from Hyundai Heavy Industries in South Korea, the fourth and final VLCC that has been delivered to the company in 2019.The VLCC commenced a 15 years' bareboat charter to Okeanis Eco Tankers Corp with a 5 years' sub-charter to Koch Shipping Pte. Ltd.Okeanis Eco Tankers was established in 2018 by the Alafouzos family to take over its fleet of modern tanker vessels and tanker newbuildings.With seven tankers built 2015 to 2018 and eight VLCCs for delivery in 2019, the company will focus on eco-designed vessels fitted with scrubbers. The company is listed on the Oslo Stock Exchange under the ticker "OET".

08 Jul 2019

Ocean Yield Adds New VLCC with Charter

Norway-based shipping company Ocean Yield ASA announced that it has taken delivery of the VLCC "Nissos Santorini".The vessel was delivered from the yard Hyundai Heavy Industries in South Korea and is the third in a series of four VLCCs that will be delivered to the Company in 2019, it said."Upon delivery, the vessel commenced a 15 years' bare-boat charter to Okeanis Eco Tankers Corp  with a 5 years' sub-charter to Koch Shipping Pte. Ltd," it said in a press release.Okeanis Eco Tankers was established in 2018 by the Alafouzos family to take over its fleet of modern tanker vessels and tanker new-buildings. With seven tankers built 2015 to 2018 and eight VLCCs for delivery in 2019, the company will focus on eco-designed vessels fitted with scrubbers.

11 Jun 2019

Ocean Yield Takes Delivery of New VLCC

Norway-based ship owning company Ocean Yield ASA has taken delivery of the very large crude carriers (VLCC) Nissos Despotiko.The vessel was delivered from the yard Hyundai Heavy Industries in South Korea and is the second in a series of four VLCCs that will be delivered to the Company in 2019.Upon delivery, the vessel commenced a 15 years' bareboat charter to Okeanis Eco Tankers Corp (Okeanis Eco Tankers) with a 5 years' sub-charter to Koch Shipping Pte. Ltd.Okeanis Eco Tankers was established in 2018 by the Alafouzos family to take over its fleet of modern tanker vessels and tanker newbuildings.With seven tankers built 2015 to 2018 and eight VLCCs for delivery in 2019, the company will focus on eco-designed vessels fitted with scrubbers.

05 Jun 2019

Diana Shipping Fixes P. S. Palios with SwissMarine

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v P. S. Palios.The global shipping company specializing in the ownership of dry bulk vessels said in a press release that the gross charter rate is US$17,500 per day, minus a 5% commission paid to third parties, for a period of about eight months to about nine months.The charter commenced earlier today. The m/v P. S. Palios was chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of US$17,350 per day, minus a 5% commission paid to third parties.The “P.

22 May 2019

Diana Shipping Fixes Baltimore with Koch

Diana Shipping has entered into a time charter contract with the Singapore-based provider of shipping transportation services Koch Shipping, for one of its Capesize dry bulk vessels, the m/v Baltimore.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$15,000 per day, minus a 5% commission paid to third parties, for a period of about 19 months to about 22 months. The charter commenced on May 19, 2019.The “Baltimore” is a 177,243 dwt Capesize dry bulk vessel built in 2005.This employment is anticipated to generate approximately US$8.33 million of gross revenue for the minimum scheduled period of the time charter.Upon completion of the previously announced sale of one Panamax dry bulk vessel…

03 May 2019

Ocean Yield Takes Delivery of New Ship

Norway-based ship owning company Ocean Yield ASA announced that it has taken delivery of the very large crude carrier (VLCC)  "Nissos Rhenia".The tanker was delivered from the yard Hyundai Heavy Industries in South Korea and is the first in a series of four VLCCs that will be delivered to the company in 2019.Upon delivery, the vessel commenced a 15 years' bareboat charter to Okeanis Eco Tankers Corp with a 5 years' sub-charter to Koch Shipping Pte. Ltd.Okeanis Eco Tankers was established in 2018 by the Alafouzos family to take over its fleet of modern tanker vessels and tanker newbuildings.With seven tankers built 2015 to 2018 and eight VLCCs for delivery in 2019, the company will focus on eco-designed vessels fitted with scrubbers.

05 Mar 2019

Diana Fixes m/v San Francisco with Koch

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v San Francisco.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$16,000 per day, minus a 5% commission paid to third parties, for a period of minimum 19 months to about 22 months. The charter commenced earlier today.The “San Francisco” is a 208,006 dwt Newcastlemax dry bulk vessel built in 2017.This employment is anticipated to generate approximately US$9.12…

22 Feb 2019

Diana Shipping Fixes Houston with Koch

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Houston.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$10,125 per day, minus a 5% commission paid to third parties, for a period of minimum 14 months to about 17 months. The charter commenced on February 17, 2019.The “Houston” is a 177,729 dwt Capesize dry bulk vessel built in 2009.This employment is anticipated to generate approximately US$4.25 million of gross revenue for the minimum scheduled period of the time charter.Upon completion of the previously announced sales of two Panamax dry bulk vessels…

16 Jan 2019

Ocean Yield Buys a Suezmax Tanker

Norwegean ship owning company Ocean Yield ASA has announced that the Company has agreed to acquire a modern Suezmax tanker for a consideration of USD 56.0 million with 13-year bareboat charter to Okeanis Eco Tankers Corp.The purchase price includes a seller's credit of USD 7.0 million, giving a net purchase price of USD 49.0 million, said the owner of vessels within oil-service and industrial shipping areas in Norway.The vessel, "Milos", was built in 2016 by Sungdong Shipbuilding in Korea and is a sister vessel to "Poliegos", another Suezmax vessel owned by Ocean Yield. The vessel will be delivered to the Company during Q1 2019. Okeanis…

11 Dec 2018

Diana Shipping in TC Pact for m/v Ismene with Koch

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Singapore, for one of its Panamax dry bulk vessels, the m/v Ismene.The a global shipping company specializing in the ownership of dry bulk vessels said in a press note that the gross charter rate is US$12,125 per day, minus a 5% commission paid to third parties, for a period until minimum January 1, 2020 up to maximum March 31, 2020.The charter is expected to commence on December 12, 2018, it said. The “Ismene” is a 77,901 dwt Panamax dry bulk vessel built in 2013.This employment is anticipated to generate approximately US$4.6 million of gross revenue for the minimum scheduled period of the time charter…

23 Aug 2018

Diana Shipping Signs TCC for m/v Semirio with Pacific Bulk

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract (TCC) with Pacific Bulk Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Semirio.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is $20,050 per day, minus a 5 percent commission paid to third parties, for a period of minimum 10 months to about 12 months.The charter is expected to commence on August 30, 2018. The m/v Semirio is currently chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of $14…

30 Jul 2018

Diana Shipping Signs TC Contract for M/V Seattle with Koch

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Seattle.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$24,000 per day, minus a 5% commission paid to third parties, for a period of minimum four months to maximum six months.The m/v Seattle was chartered, as previously announced, at a gross charter rate of US$11,700 per day, minus a 5% commission paid to third parties.The “Seattle” is a 179,362 dwt Capesize dry…

21 Jun 2018

Koch Shipping Signs Charter Deal for Diana's Bulker m/v Philadelphia

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The global shipping company specializing in the ownership of dry bulk vessels said that the  gross charter rate is US$20,000 per day, minus a 5% commission paid to third parties, for a period of about 20 months to maximum 23 months. The charter commenced on June 18, 2018. The m/v Philadelphia was chartered, as previously announced, at a gross charter rate of US$15,500 per day, minus a 5% commission paid to third parties. The “Philadelphia” is a 206,040 dwt Newcastlemax dry bulk vessel built in 2012.

06 Jun 2018

Diana Shipping Signs TC Contract for m/v Baltimore with Koch

Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore. The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$18,050 per day, minus a 5% commission paid to third parties, for a period of about 12 months to about 14 months. The charter commenced earlier today. The m/v Baltimore was chartered, as previously announced, to Cargill International S.A., Geneva, at a gross charter rate of US$11,300 per day, minus a 4.75% commission paid to third parties. The “Baltimore” is a 177,243 dwt Capesize dry bulk vessel built in 2005.

22 May 2018

Diana Shipping TC Contract for P. S. Palios with Koch

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v P. S. Palios. The gross charter rate is US$17,350 per day, minus a 5% commission paid to third parties, for a period of about 13 months to maximum 15 months. The charter is expected to commence on May 24, 2018. The m/v P. S. Palios is currently chartered, as previously announced, at a gross charter rate of US$10,550 per day, minus a 5% commission paid to third parties. The “P. S. Palios” is a 179,134 dwt Capesize dry bulk vessel built in 2013. This employment is anticipated to generate approximately US$6.51 million of gross revenue for the minimum scheduled period of the time charter.

10 May 2018

Diana Shipping Bags TC for m/v San Francisco with Koch

Diana Shipping  has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v San Francisco. The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$24,000 per day, minus a 5% commission paid to third parties, for a period of approximately 10 months to approximately 12 months (approximately means +/-10 days). The charter is expected to commence on May 13, 2018. The m/v San Francisco is currently chartered, as previously announced, at a gross charter rate of US$11,750 per day, minus a 5% commission paid to third parties.

16 May 2017

Diana Adds Post-Panamax Bulker, Bags Contracts

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Phaidra (formerly “Soya May”), a 2013 built Post-Panamax dry bulk vessel of 87,146 dwt that the Company entered into an agreement to purchase in April 2017. The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore for one of its Capesize dry bulk vessels, the m/v Semirio. The gross charter rate is US$14,150 per day, minus a 5% commission paid to third parties, for a period of minimum twelve months to maximum sixteen months. The charter is expected to commence on May 20, 2017. The “Semirio” is a 174,261 dwt Capesize dry bulk vessel built in 2007.

21 Dec 2017

Diana Shipping Updates on Time Charter Contracts

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Erato. The gross charter rate is US$10,500 per day, minus a 5% commission paid to third parties, for a period of minimum 14 months to maximum 17 months. The new charter period is expected to commence on December 30, 2017. The m/v Erato is currently chartered, as previously announced, at a gross charter rate of US$7,250 per day, minus a 5% commission paid to third parties. The “Erato” is a 74,444 dwt Panamax dry bulk vessel built in 2004.

23 Mar 2018

Diana Shipping TC Contract for New Orleans with SwissMarine

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v New Orleans. The gross charter rate is $21,000 per day, minus a 5 percent commission paid to third parties, for a period of minimum 11 months to maximum 13 months. The charter is expected to commence on March 25, 2018. The m/v New Orleans is currently chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of $11,250 per day, minus a 5 percent commission paid to third parties. The New Orleans is a 180,960 dwt Capesize dry bulk vessel built in 2015.