This employment is anticipated to generate approximately US$6.2 million of gross revenue for the minimum scheduled period of the charter.
Including the newly delivered "Artemis", Diana Shipping Inc.`s fleet currently consists of 34 dry bulk vessels (2 Newcastlemax, 9 Capesize, 3 Post-Panamax, 2 Kamsarmax and 18 Panamax). The Company also expects to take delivery of 2 new-building Ice Class Panamax dry bulk vessels during the fourth quarter of 2013 and the first quarter of 2014, and 2 new-building Newcastlemax dry bulk vessels during the second quarter of 2016. As of today, the combined carrying capacity of our fleet, excluding the four vessels not yet delivered, is approximately 3.8 million dwt with a weighted average age of 6.6 years.