|
|
Article: Genco Shipping & Trading Limited Announces Plan to Sign Time Charter for Newly Acquired Vessel.
- Article from:
- PR Newswire
- Article date:
- June 17, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK, June 17 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited today announced that it has reached an agreement to commence a time charter for the Genco Raptor, a 2007-built Panamax vessel, with COSCO Bulk Carriers Co., Ltd. for 46 to 50 months at a rate of $52,800 per day, less a 5% third party brokerage commission. The Genco Raptor is one of three drybulk vessels the Company agreed to acquire from Bocimar International N.V. in May 2008. The time charter for the Genco Raptor will commence upon delivery of the vessel and is subject to the completion of definitive documentation.
The following table reflects the current employment of Genco's current ...