time charter

Diana Shipping Inc. Announces Time Charter With Glencore

Diana Shipping Inc. has entered into a time charter contract for m/v Artemis with Glencore, says a press release published on their website.

Time charter contract

Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Artemis. 

Charter rate & revenue

Gross charter rate

The gross charter rate is US$10,250 per day, minus a 5% commission paid...

https://mfame.guru/diana-shipping-inc-announces-time-charter-with-glencore/

Diana Shipping Inc. Announces Time Charter With Cargill

  • The Diana Shipping Company enters into a time charter contract with Cargill International S.A.
  • The gross charter rate is US$11,000 per day, minus a 4.75% commission paid to third parties
  • Anticipated gross revenue for the minimum scheduled period of the time charter is approximately US$4.52 million.

Diana Shipping Inc. has entered into a time charter contract with Cargill International S.A., Geneva, for m/v Medusa, says a press release published on their website. 

Time charter contract

Diana...

https://mfame.guru/diana-shipping-inc-announces-time-charter-with-cargill/

Voyage Charter vs Time Charter

Ships, boats and other recreational vessels are owned by a large number of individuals who often purchase them as assets. They do not use these vessels for shipping goods or for ferrying passengers.

Instead, they often lend them out to third party organizations who use them for a variety of purposes. In maritime legal terms, this lending process is known as chartering. Chartering is an important concept of the global maritime trade sector, and is of different types.

This article will delve into...

https://www.marineinsight.com/maritime-law/voyage-charter-vs-time-charter/

Diana Shipping Announces Time Charter for Its Panamax Dry Bulker

Diana Shipping Inc. Announces Time Charter Contract for m/v Melia with Ausca, reads a press release by the company.

Time charter for Panamax dry vessel

The gross charter rate is US$10,000 per day, plus US$500,000 gross ballast bonus, minus a 5% commission paid to third parties, for a period of about eight (8) months to maximum ten (10) months. The charter is expected to commence on August 20, 2020.

The “Melia” is a 76,225 dwt Panamax dry bulk vessel built in 2005. This employment is anticipated to...

https://mfame.guru/diana-shipping-announces-time-charter-for-its-panamax-dry-bulker/

Shell Inks Charter Deal for Six Newbuild LNGs

  • Shell Tankers has agreed to long-term charter contracts for six newbuilds LNG carriers.
  • Agreements for two LNG ships have been signed with affiliates of Knutsen LNG.
  • LNG ships will be built by Hyundai Heavy Industries and Hyundai Samho Heavy Industries.
  • It is equipped with efficient dual-fuel X-DF engines and state-of-the-art features.
  • Design and addition of energy efficiency technologies will provide the best emissions performance in their class.

Shell Tankers has agreed to long-term charter...

https://mfame.guru/shell-inks-charter-deal-for-six-newbuild-lngs/

BIMCO Publishes COVID-19 Crew Change Clauses for 2020 Time Charterparties

BIMCO has released the crew change COVID-19 crew change clause for time charter parties 2020, says a press release published on their website.

Highlights of crew changes clause

a) In addition to any other right to deviate under this contract, the Vessel shall have the liberty to deviate for crew changes if COVID-19-related restrictions prevent crew changes from being conducted at the ports or places to which the Vessel has been ordered or within the scheduled period of call. Any deviation under...

https://mfame.guru/bimco-publishes-covid-19-crew-change-clauses-for-2020-time-charterparties/

Diana Announces Time Charter Contract for Its Newcastlemax Dry Bulker

Diana Shipping Inc. announces time charter contract for m/v Los Angeles with Engelhart CTP, says a press release published on their website.

The contract

Diana Shipping Inc. (NYSE: DSX), (the “Company”), announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Engelhart CTP Freight (Switzerland) SA, for one of its Newcastlemax dry bulk vessels, the m/v Los Angeles. 

Charter rate and period

The gross charter rate is US$14,250 per day, minus a 5%...

https://mfame.guru/diana-announces-time-charter-contract-for-its-newcastlemax-dry-bulker/

Diana Shipping Announces Time Charter for Its Capesize Dry Bulker!

  • Diana Shipping Inc. enters time charter contract with Koch Shipping Pte. Ltd.
  • The gross charter rate is US$13,200 per day, for a period until minimum October 1, 2021 up to maximum December 31, 2021.
  • This employment is anticipated to generate approximately US$6.34 million of gross revenue.

Diana Shipping Inc. announces time charter contract for m/v G. P. Zafirakis with Koch, reads the company’s press release.

Time charter contract

Diana Shipping Inc., a global shipping company specializing in the...

https://mfame.guru/diana-shipping-announces-time-charter-for-its-capesize-dry-bulker/

Diana Shipping To Extend Time Charter Contract With Uniper

Diana Shipping Inc. announced that it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf.

Time charter contract

It has entered into a contract for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi.

The gross charter rate is US$9,300 per day, minus a 5% commission paid to third parties, for a period of minimum thirteen (13) months to a maximum of sixteen (16) months. The new charter period is expected to commence on June 9, 2020.

About Atalandi

The “At...

https://mfame.guru/diana-shipping-to-extend-time-charter-contract-with-uniper/

Diana Shipping Announces Direct Continuation of Time Charter Contract

Diana Shipping Inc. announces direct continuation of time charter contract for m/v Phaidra with uniper, says a press release published on their website.

What is in the contract?

Diana Shipping Inc. (NYSE: DSX), (the “Company”) the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra. 

The “Phaidra” is a 87,146...

https://mfame.guru/diana-shipping-announces-direct-continuation-of-time-charter-contract/

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