Diana Shipping Inc. Announces Time Charter Contract for m/v Electra with Oldendorff Carriers and Termination of Sale Agreement for m/v DSI Drammen
Greece, Nov. 17 -- Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, for one of its Post-Panamax dry bulk vessels, the m/v Electra. The gross charter rate is US$14,000, minus a 5.00% commission paid to third parties, for a period until minimum December 1, 2026 up to maximum January 31, 2027. The charter is expected to commence on December 4, 2025.The "Electra" is an 87,150 dwt Post-Panamax bulk vessel built in 2013.The employment of "Electra" is anticipated to generate approximately US$5.00 million of gross revenue for the minim...
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