Diana Shipping inks cape charter deal with Solebay

Greek bulker owner Diana Shipping has entered a time charter contract with Solebay Shipping for its 2007-built capesize
Semirio.

The gross charter rate is $14,150 per day, minus a 5% commission paid to third parties, for a period until a minimum of November 20, 2024, up to a maximum of January 30, 2025.

According to Diana Shipping, the charter for the 174,261-dwt bulker is expected to begin on August 20, 2023.

The employment of the vessel is anticipated to generate around $6.38m of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping’s fleet currently consists of 41 dry bulk vessels – four newcastlemax, ten capesize, five post-panamax, six kamsarmax, seven panamax, and nine ultramax – with a combined carrying capacity of around 4.7m dwt and a weighted average age of 10.35 years.