The gross charter rate is US$11 500/day, minus a 5% commission paid to third parties, for a period of minimum 11 months to maximum 14 months. The charter commenced earlier on 21 November.

The Alcmene is a 93 193 DWT post-panamax dry bulk vessel built in 2010.

This employment is anticipated to generate approximately US$3.8 million of gross revenue for the minimum scheduled period of the time charter.