ATHENS, GREECE, March 23, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the 2022 new-building Capesize dry bulk vessel, m/v Florida. Upon completion, which is estimated to take place by March 29, 2022, the Company’s gross proceeds in connection...
bareboat charter
Coast Guard halts illegal charter in Florida
The Coast Guard terminated an illegal charter near Tierra Verde, Fla., on Saturday. A Coast Guard Station St. Petersburg 29′ Response Boat — Small II boat crew, along with Coast Guard investigating officers boarded a 47′ boat that was operating as a bareboat charter with 10 passengers for hire.
After investigation, Coast Guard officers terminated the charter’s voyage and escorted the boat and passengers back to Marine Max.
“Under a bareboat charter contract, the person who rents the charter must...
https://www.workboat.com/news/government/coast-guard-halts-illegal-charter-in-florida/
Scorpio Bulkers Inc. Announces Sale and Leaseback Agreements!
- Scorpio Bulkers has agreed to sell and leaseback seven vessels that include three Ultramax and Kamsarmax vessels.
- The company’s liquidity is expected to increase by US$57.2 million in aggregate, comprising US$45.4 million.
- The company has agreed to bareboat charter-in the vessels for a period of seven years.
According to an article by Drybulk magazine, Scorpio Bulkers Inc. has announced that it has agreed to sell and leaseback seven vessels.
Vessel agreementsIt has agreed to sell it’s three...
http://mfame.guru/scorpio-bulkers-inc-announces-sale-and-leaseback-agreements/
American Shipping Company ASA Reports Q4 Results
On 28 February 2019, American Shipping Company ASA announced the results for fourth quarter ending 31 December 2018.
Report Highlights- Overseas Shipholding Group (“OSG”) exercised options to extend the bareboat charter agreements for all nine of AMSC’s vessels up for renewal
- Stable Q4 bareboat revenue of USD 22.1 million and backlog of secured bareboat revenue of USD 302.7 million with average weighted tenor of 3.4 years
- Normalized EBITDA for Q4 of USD 22.2 million
- Adjusted net profit for Q4 of...
http://mfame.guru/american-shipping-company-asa-reports-q4-results/