Global shipping company Diana Shipping Inc. has entered into a time charter agreement with Bunge SA for its Ultramax dry bulk vessel, the m/v DSI Andromeda. The charter, spanning from November 24, 2023, to a maximum of April 20, 2025, comes with a gross rate of US$13,500 per day (minus a 5% commission). The employment of the vessel is expected to generate approximately US$6.03 million in gross revenue. Following the completion of the sale of m/v Boston, Diana Shipping Inc.'s fleet will comprise 40 dry bulk vessels of various types, totaling approximately 4.7 million dwt with a weighted average age of 10.63 years.

SOURCE: GOOGLE