Phaidra

14 to 16 mos - Taichung in d/c 11 Apr - $11,000/day - Uniper

The "Phaidra" suffered an engine failure while transiting the Trincomali Channel, British Columbia, in position 49 02 53.0 N, 123 39 46.0 W, on March 10, 2019, at 11.55 p.m. The vessel returned to anchorage and the crew conducted repairs. The ship berthed in Vancouver on March 14.

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra. The gross charter rate is US$12,700 per day, minus a 5% commission paid to third parties, for a period of minimum twelve months to maximum fifteen months. The charter commenced on January 13, 2018. The m/v Phaidra was previously chartered to Jera Trading Singapore Pte. Ltd. at a gross charter rate of US$7,750 per day, minus a 5% commission paid to third parties, for the agreed period of the time charter. The “Phaidra” is a 87,146 dwt Post-Panamax dry bulk vessel built in 2013. This employment is anticipated to generate approximately US$4.57 million of gross revenue for the minimum scheduled period of the time charter.