Leto

Diana Shipping has announced that 2010-built panamax Leto has entered into a new time charter contract with Uniper Global Commodities. The vessel begins its new charter today, for a period of 11-13 months at a rate of $13,000 per day. Previously, the vessel was on charter to Glencore at $12,500 per day.

Diana Shippng Inc. (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, through a separate wholly-owned subsidiary, has agreed to extend the present time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Leto, the shipping company said in a press release. The gross charter rate is US$12,500 per day, minus a 5% commission paid to third parties, for a period of minimum sixteen (16) months to about nineteen (19) months. The new charter period is expected to commence on January 3, 2018. The m/v Leto is currently chartered, as previously announced, at a gross charter rate of US$7,750 per day, minus a 5% commission paid to third parties.

dely N China 30 Dec, $7,750, for 9/13 months trading, to Glencore