Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
HomeMaritime NewsRegionsEuropeDiana bags Glencore charter, $18m in acquisition finance

Diana bags Glencore charter, $18m in acquisition finance

Diana bags Glencore charter, $18m in acquisition finance
Diana Shipping has secured a charter with Glencore for its ice class panamax bulker Crystalia, which is currently under construction, with estimated minimum gross revenues of $8.5m.

The 18 to 21 month charter is set at $15,800 gross per day and due to start upon the 77,525 dwt vessel's delivery in mid-February.

The Greek dry bulk owner also announced an $18m loan with Commonwealth Bank of Australia, with the proceeds going towards the acquisition costs for panamaxes Melite and Aertmis, which were delivered to Diana in January 2010 and August 2013 respectively.

Last week, Diana Shipping ordered a kamsarmax from Yangzhou Dayang for $28.8m.

TAGS: Dry Bulk Finance & Insurance Diana Shipping
Related
Hapag-Lloyd the Antwerpen Express
Hapag-Lloyd launches real-time container tracking tool
May 01, 2024
OOCL Turkiye megamax containership newbuilding in shipyard
Container ship capacity delivered in April 1.1% of current global fleet
May 01, 2024
Fr Alex with seafarers visiting Odesa Ukraine[51].jpg
International Labour Day: Remember the challenges faced by seafarers
May 01, 2024
Bibby-electric-CSOV.jpg
Bibby goes shopping in Spain for first electric CSOV
May 01, 2024