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Greek bulker owner Diana Shipping has entered into a time charter contract with Stone Shipping for one of its panamax vessels.
The company hired the 2014-built, 77,529 dwt ice-class bulker Atalandi. The gross charter rate is $9,000 per day for the 35 days of the charter period and $10,100 per day for the balance period of the time charter.
In each case, minus a 5% commission paid to third parties, for a period until a minimum of June 15, 2026, up to a maximum of August 15, 2026.
The charter is expected to begin on Monday, June 9, 2025. The employment of the bulker is anticipated to generate approximately $3.62m of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping’s fleet consists of 37 dry bulk vessels – four newcastlemaxes, eight capesizes, four post-panamaxes, six kamsarmaxes, six panamaxes, and nine ultramaxes.
The company also expects to take delivery of two methanol dual-fuel newbuilding kamsarmax bulkers by the second half of 2027 and the first half of 2028, respectively.
Currently, the combined carrying capacity of the fleet, excluding the two vessels not yet delivered, is approximately 4.1m dwt with a weighted average age of 11.60 years.
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