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Stock Market & Financial Investment News

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June 13, 2014
08:48 EDTDSXDiana Shipping announces time charter with Glencore
Diana Shipping announced that it has entered into a time charter contract with Glencore Grain B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v "Oceanis". The gross charter rate is $9,000 per day, minus a 5% commission paid to third parties, for a period of minimum seven months to maximum ten months. The new charter period is expected to commence on June 19. This employment is anticipated to generate approximately $1.9M of gross revenue for the minimum scheduled period of the time charter.
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