Diana Shipping secures long-term charter for Capesize bulker with NYK

Greek dry bulk owner Diana Shipping has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for the Capesize bulk carrier Florida.

The charter is scheduled to commence in the second quarter of 2027 and will run for between 32 and 35.5 months at a gross rate of $30,500 per day, less a five per cent commission payable to third parties.

The company expects the contract to generate approximately $29.28 million in gross revenue over the minimum charter period. The 182,063 DWT vessel, built in 2022, is currently employed by Bunge at a gross daily rate of $25,900, less a five per cent commission.