8/17/2015

MV Artemis chartered out to China Shipping Bulk Carriers

New York listed Diana Shipping chartered out MV Artemis - Panamax to the Hong Kong-based China Shipping Bulk Carriers which will pay $7,500 per day, minus a 5% commission, for the 76,942-dwt MV Artemis (built 2006). The charter agreement, which commenced yesterday, will last between nine and 12 months. Diana expects to generate $2m of gross revenue for the minimum period of the charter. The Baltic panamax index remained relatively unchanged at $8,411 today.

China Shipping Bulk also has the 73,691-dwt MV Calipso (built 2005) on a charter from Diana until August 2016 for $6,000 per day.