The gross charter rate is US$4750/day for the first 45 days of the charter period and US$8250/day for the balance of the time charter, in each case minus a 5% commission paid to third parties. The charter commenced on 13 April 2020.

The ‘Calipso’ is a 73 691 SWT panama dry bulk vessel built in 2005.

This employment is anticipated to generate approximately US$1.34 million of gross revenue for the minimum scheduled period of the time charter.