Polymnia Vessel Reviews and Specifications

In a recent development, a new charter has been finalized for the transport of 170,000 tons of ore from Port Hedland to Qingdao. The shipment is scheduled to take place between November 12 and November 14, 2019, under an agreement with BHP Billiton. The charter arrangement includes straightforward loading and discharge terms, set at 80,000 tons for loading and 30,000 tons for discharge, with a freight cost of $9.20 per ton, free in and out (fio) at the loading and receiving ports.

In a significant development for the Greek maritime sector, Diana Shipping, a prominent dry bulk shipping company, has successfully finalized a time charter agreement with Al Ghurair Resources International, based in Dubai. The contract involves the 2012-built post-panamax bulk carrier, Polymnia. This charter is set to last for a minimum of 12 months, potentially extending to 14 months, and will commence on October 23, 2023, at a daily rate of $14,500. This strategic partnership highlights Diana Shipping's commitment to expanding its operational portfolio in the dry bulk market.