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Currently, the Suezmax time charter rate for one year is $35,000/day, a South Korea-based ship-broker said, adding that a short-term time charter would attract $45,000/day or higher.
Time Charter was a daughter of Saritamer, who had won over 1m as a two-year-old, but whom Vincent O'Brien had campaigned solely in sprints at three - and to some effect, with three Pattern wins over 6f, including the July Cup.
The time charter agreement with MSC for the 1988-built, 4,828 TEU c/v MSC Mandraki, will be extended from November 2, 2011 until July 1, 2017, at a daily rate of $20,000.
Pavlos Kanellopoulos, Chief Financial Officer said 'We are pleased to have announced these seven vessel fixtures which significantly increase the visibility of our cash flow generation through a time charter coverage of 45% for 2011.
Two important texts on time charters under English maritime law have appeared almost simultaneously and the event immediately causes the maritime establishment (i.
In addition, the Company announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with DHL Project & Chartering Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v New York.
Also, the company has taken delivery of STI Mythos, an MR product tanker delivered in August 2014 from Hyundai Mipo Dockyard of South Korea (HMD), which upon delivery began a time charter for up to 120 days at approximately USD17,000 per day and the STI Regina, an MR product tanker delivered in September 2014 from SPP Shipbuilding of South Korea, which upon delivery began a time charter for up to 120 days at approximately USD17,000 per day.
Moreover, the parties have signed a time charter under which Fugro will hire the 2D/source vessel Munin Explorer for a firm period of three years.
While her Royal Ascot victory was one of several during the week to offer encouragement to bargain hunters, it also served another reminder that after nearly 100 years of cultivation by the Barnett family, the tribe of Athasi and one of her most famous descendants, Time Charter, continues to thrive.
International Resource News-3 March 2010-Golden Ocean signs long time charter contract(C)2010 ENPublishing - http://www.
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Dusseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra.