Diana Shipping Inc. Announces Time Charter Contract for M/V G. P. Zafirakis with Classic Maritime
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The gross charter rate is ...
Diana Shipping Inc., a global shipping company specializing in dry bulk vessels, has entered into a time charter contract with Classic Maritime Inc. for one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The contract, which is expected to commence on October 10, 2026, has a gross charter rate of US$38,000 per day, minus a 5.00% commission paid to third parties, with a scheduled duration until October 1, 2027, up to a maximum of December 15, 2027.
The vessel, currently chartered to Nippon Yusen Kabushiki Kaisha, is anticipated to generate approximately US$13.34 million in gross revenue during the minimum scheduled period of the time charter. Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, with a combined carrying capacity of approximately 4.1 million dwt and a weighted average age of 12.87 years.
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