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Diana Shipping inks time charter with Al Ghurair Resources International

Diana Shipping has chartered a post-panamax dry bulk vessel to Al Ghurair Resources International in Dubai for a period of 12 – 14 months.

The company has entered into a 12 - 14 month time charter contract for the 2012-built, 98,704 dwt Polymnia at $14,500 per day minus 5% in commissions. The deal will generate gross revenues of $5.22m over the minimum period of the charter.

The time charter with Al Ghurair Resources International in Dubai is due to start on 23 October.

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