Diana Shipping announces time charter contract for m/v San Francisco
The gross charter rate is $24,000 per day, minus a 5% commission paid to third parties, for a period of approximately ten (10) months to approximately twelve (12) months (approximately means +/-10 days). The charter is expected to commence on May 13, 2018.
The m/v San Francisco is currently chartered, as previously announced, at a gross charter rate of $11,750 per day, minus a 5% commission paid to third parties.
The “San Francisco” is a 208,006 dwt Newcastlemax dry bulk vessel built in 2017.
This employment is anticipated to generate approximately $6.96 million of gross revenue for the minimum scheduled period of the time charter. ■