The gross charter rate is US$11 000/d, minus a 5% commission paid to third parties, for a period of minimum 12 months to maximum 14 months. The charter commenced on 5 July 2020.
The m/v Selina was previously chartered to Cargill International S.A., Geneva, at a gross charter rate of US$4750/d, minus a 4.75% commission paid to third parties.
The Selina is a 75 700 DWT panamax dry bulk vessel built in 2010.
This employment is anticipated to generate approximately US$3.96 million of gross revenue for the minimum scheduled period of the time charter.
