Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd extended the charter of 2014 built ice-class panamax bulk carrier 77K DWT MV Crystalia from Athens-based New York-listed shipowner and operator Diana Shipping (DSX). Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd will pay $11,250 per day for MV Crystalia. Semiramis Paliou-led shipowner and operator Diana Shipping (DSX) has graciously prolonged the time charter contract with Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd pertaining to one of its distinguished ice-class panamaxes. The grand charter rate for this magnificent ice-class panamax bulk carrier 77K DWT MV Crystalia stands at $11,250 daily. Further elaboration from Reachy Shipping (SGP) Pte Ltd indicated that this renewed charter commenced on 6 September 2023 and is poised to persist until at least 20 February 2024, stretching potentially to 20 April 2024. Such an extension is projected to amass an approximate $1.85 million in gross revenue throughout the minimal stipulated duration of the time charter. Historically, the primary accord concerning the 2014 built ice-class panamax bulk carrier 77K DWT MV Crystalia and Reachy Shipping (SGP) Pte Ltd materialized in November 2022. This agreement was initially slated to conclude between 1 September 2023, and 15 October 2023, with a previously settled charter rate of $12,500 per day. Presently, Athens-based New York-listed shipowner and operator Diana Shipping’s (DSX) fleet encompasses 41 dry bulk carriers– a compilation of four (4) newcastlemax bulk carriers, ten (10) capesize bulk carriers, five (5) post-panamax bulk carriers, six (6) kamsarmax bulk carriers, seven (7) panamax bulk carriers, and nine (9) ultramax bulk carriers. 11-September-2023
Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd, Costamare Bulkers, and Cobelfret have entered the dry bulk period charter market with a desire to secure kamsarmax bulk carriers for charters lasting over a year. Athens-based New York-listed shipowner and operator Diana Shipping (DSX) controlled 2015 built kamsarmax bulk carrier 81K DWT MV Astarte has successfully chartered out to the esteemed operator, Reachy Shipping (SGP) Pte Ltd, based in Singapore, at an impressive rate of $15,000 per day. This charter is set to commence on Sunday and extend until a period between 1st August and 1st October 2024. It is noteworthy that the rate achieved is well below current market assessments for such period charters. 26-April-2023
Athens-based New York-listed shipowner and operator Diana Shipping (DSX) chartered out three (3) bulk carriers to different ship operators. Diana Shipping (DSX) chartered out 2017 built ultramax bulk carrier 60K DWT MV DSI Phoenix to Hong Kong-based ASL Bulk Marine at $13,250 per day for 16 months to 18 months. Diana Shipping (DSX) chartered out 2012 built post-panamax bulk carrier 98K DWT MV Amphitrite to Luxembourg-based Cobelfret at $14,250 per day for 13 months. Diana Shipping (DSX) chartered out 2014 built panamax bulk carrier 77K DWT MV Crystalia to Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd at $12,500 per day. The latest time-charter contracts indicate that period rates are eroding. Semiramis Paliou-led shipowner and operator Diana Shipping (DSX) will earn around $15 million from the trio deal. Previously, Athens-based New York-listed shipowner and operator Diana Shipping (DSX) signed charter deals for two (2) bulk carriers that reflected similar trends. Currently, Athens-based shipowner and operator Diana Shipping (DSX) owns and operates 36 bulk carriers. 7-November-2022
Athens-based New York-listed shipowner and operator Diana Shipping (DSX) has unlocked liquid assets through the sale and leaseback of a recently bestowed ultramax bulk carrier while fixing another one for no less than $8.1 million. Athens-based Semiramis Paliou-led shipowner and operator Diana Shipping (DSX) is anticipating gross proceeds of $29.85 million by the culmination of the fourth quarter from an agreement with a Japanese third party for the 2016 built ultramax bulk carrier 60K DWT MV DSI Andromeda (ex MV STH Tokyo). 2016 built ultramax bulk carrier 60K DWT MV DSI Andromeda (ex MV STH Tokyo), presently on time charter with Western Bulk Carriers (WBC) between October 16, 2023, and December 16, 2023, at a rate of $14,250 per day, will be bareboat chartered-in by Diana Shipping (DSX) for a duration of 10 years. Diana Shipping (DSX) will possess purchase options commencing at the termination of the third year of the charter. Meanwhile, Athens-based New York-listed shipowner and operator Diana Shipping (DSX) has chartered out its 2015 built ultramax bulk carrier 60K DWT MV DSI Pegasus (ex MV STH Athens) to Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd at a daily rate of $14,000 between July 15, 2024, and September 15, 2024. The charter of the MV DSI Pegasus (ex MV STH Athens), which will be delivered to Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd earlier this month, is scheduled to commence on December 7. 6-December-2022
Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd and Athens-based New York-listed shipowner and operator Diana Shipping (DSX) have engaged in a temporal charter agreement for 2004 built panamax bulk carrier 73K DWT MV Protefs. The charter commenced at the outset of this week, Singapore-based ship operator Reachy Shipping (SGP) Pte Ltd will pay at a rate of $10,650 per day until 20 May 2022. Previously, the 2004 built panamax bulk carrier 73K DWT MV Protefs was under charter with Phaethon International Company at a daily rate of $9,900. Reachy Shipping (SGP) Pte Ltd will pay approximately $4.17 million, considering the minimum charter duration. 9-February-2021