Diana Shipping Inc. announced a new time charter contract for the m/v Phaidra with Nippon Yusen Kabushiki Kaisha, Tokyo, at a gross rate of US$14,500 per day, expected to generate approximately US$5.18 million in gross revenue for the minimum scheduled period. This represents an increase from the vessel's previous charter rate of US$9,750 per day.
Key takeaways
Entered into a time charter contract for the m/v Phaidra with Nippon Yusen Kabushiki Kaisha, Tokyo.
Gross charter rate is US$14,500 per day, minus a 5.00% commission paid to third parties.
Charter period is until minimum February 20, 2027 up to maximum April 20, 2027, with expected commencement on February 24, 2026.
The m/v Phaidra was previously chartered at a gross rate of US$9,750 per day, minus a 5.00% commission.
The employment is anticipated to generate approximately US$5.18 million of gross revenue for the minimum scheduled period.
The Company's fleet currently consists of 36 dry bulk vessels with a combined carrying capacity of approximately 4.1 million dwt.