Diana Shipping extends time charter contract with Uniper for m/v Electra

Yesterday, through a separate wholly-owned subsidiary, Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, agreed to extend the present time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its post-panamax dry bulk vessels, the m/v Electra. The gross charter rate is US$13 500/d, minus a 5% commission paid to third parties, for a period until minimum 15 September 2019 and maximum 15 December 2019. The new charter period commenced on 19 October 2018. The m/v Electra was chartered, as previously announced, at a gross charter rate of US$8000/d, minus a 5% commission paid to third parties.