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$17,000 charter rate per day

$17,000 charter rate per day
Diana Shipping Inc. entered into a time charter contract with Intermare Transport GmbH, Hamburg, for one of its Panamax dry bulk carriers, the m/v Triton, at a gross charter rate of US$17,000 per day.

Diana Shipping Inc. entered into a time charter contract with Intermare Transport GmbH, Hamburg, for one of its Panamax dry bulk carriers, the m/v Triton, at a gross charter rate of US$17,000 per day.

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, yesterday announced that it has entered into a time charter contract with Intermare Transport GmbH, Hamburg, for one of its Panamax dry bulk carriers, the m/v Triton, at a gross charter rate of US$17,000 per day for a period of minimum eleven (11) to about thirteen (13) months. The charter is expected to commence in the middle of October 2009.

This employment is anticipated to generate approximately US$5.6 million of gross revenue for the minimum scheduled period of the charter.

The m/v Triton is a 75,336 dwt Panamax dry bulk carrier built in 2001.

Diana Shipping Inc. is a global provider of shipping transportation services. The Company specializes in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.

www.TurkishMaritime.com.tr

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