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Diana Shipping Inc., a prominent player in the global dry bulk shipping sector, has announced a significant time charter agreement through its wholly-owned subsidiary. The contract, finalized with Phaethon International Company AG, pertains to the m/v Clio, a Panamax dry bulk vessel. Under the terms of the agreement, the gross charter rate is set at $8,550 per day, with a deduction of a 5% commission for third-party services. The charter duration is slated for a minimum of 13 months, extending up to a maximum of 16 months, with expectations for commencement on July 3, 2017. The m/v Clio, boasting a deadweight tonnage of 73,691 dwt, was constructed in 2005, further solidifying its role in Diana Shipping’s expanding fleet.

Transgrain, the maritime shipping firm based in Rotterdam, has officially announced the extension of its timecharter agreement with Diana Shipping, focusing on one of their panamax bulk carriers. The contract for the vessel Clio, which has a deadweight tonnage of 73,691 dwt and was constructed in 2005, has been prolonged by an additional period of 11 to 14 months. Starting from May 5, this extension will be set at a gross daily rate of $5,350, with a 5% commission applicable to third-party services.

Transgrain Shipping, based in Rotterdam, has successfully inked a timecharter agreement for Diana Shipping's panamax bulk carrier, the Clio. The charter spans a duration of nine to twelve months, although it has been arranged at a reduced rate compared to its last employment terms. The Clio, which boasts a deadweight tonnage of 73,691 and was constructed in 2005, has been leased at a gross daily rate of $6,500. This figure is subject to a 5% commission fee that applies to third-party involvement.