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Diana Shipping Inc. Announces Delivery of Panamax Bulk Carrier

Shipping News | January 30, 2010 | View Comments
  • Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, announced Friday that the Company took delivery of a 76,436 dwt Panamax dry bulk carrier “Theresa Hebei,” renamed “Melite,”

    built in 2004 by Tsuneishi Corp., Tadotsu, Japan, on January 28, 2010.
    The agreement to purchase this vessel was originally announced on
    December 28, 2009.

    As previously announced, the Melite is chartered to J. Aron &
    Company, New York, at a gross charter rate of US$24,250 per day for a
    period of minimum eleven (11) to maximum thirteen (13) months. The
    charter commenced on January 29, 2010.

    During the minimum period, this employment is expected to generate gross revenues of approximately US$8 million.

    Diana Shipping Inc. is a global provider of shipping transportation
    services. The Company specializes in transporting dry bulk cargoes,
    including such commodities as iron ore, coal, grain and other materials
    along worldwide shipping routes.

    Source: Diana Shipping Inc.

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