Diana Shipping Inc. has entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk carriers, the m/v Oceanis.
Diana Shipping Inc. a global shipping company specializing in the transportation of dry bulk cargoes, Friday announced that it has entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk carriers, the m/v Oceanis, at a gross charter rate of US$18,000 per day for a period of minimum eleven (11) to about thirteen (13) months. The charter is expected to commence at the beginning of August 2009. This employment is anticipated to generate approximately US$6 million of gross revenues for the minimum scheduled period of the charter. The m/v Oceanis is a 75,211 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.