Diana Shipping Inc. (DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, has reached a time charter contract with Rio Tinto Shipping Pty, Ltd., Melbourne, Australia, through a separate unit, for one of its Panamax dry bulk carriers, the m/v Melia. The gross charter rate is $9,700 per day, minus a 3.75% commission paid to third parties, for a period of about 11 months to maximum 13 months. The charter may begin on April 16, 2013.
The Melia is a 76,225 dwt Panamax dry bulk vessel built in 2005.
This employment is likely to generate nearly $3.05 million of gross revenue for the minimum scheduled period of the charter.
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