Kamsarmax dry bulk vessel

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Diana Shipping Inc. Announces Time Charter Contract for m/v Leonidas P. C. with NYK
Globenewswireยท 2025-09-23 13:20
Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha for its Kamsarmax dry bulk vessel, the m/v Leonidas P. C., with a gross charter rate of US$14,000 per day, expected to generate approximately US$4.93 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter contract is set for a period from September 24, 2025, until a minimum of September 15, 2026, and a maximum of November 15, 2026 [1]. - The gross charter rate is US$14,000 per day, with a 5.00% commission paid to third parties [1]. Group 2: Vessel and Fleet Information - The m/v Leonidas P. C. is a Kamsarmax dry bulk vessel with a deadweight tonnage (dwt) of 82,165, built in 2011 [2]. - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various classes such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [3]. - The combined carrying capacity of the fleet, excluding two new vessels yet to be delivered, is approximately 4.1 million dwt, with a weighted average age of 11.83 years [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in the ownership and bareboat charter-in of dry bulk vessels, primarily engaging in short to medium-term time charters [4]. - The company transports a range of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].