Expected Revenues in the range of 1.8–2.8 million USD from the Second Charter of Dry Bulk Carrier

Y/KNOT INVEST (formerly Kiriacoulis Mediterranean Cruises Shipping S.A.) today announced that it has entered into a second charter agreement for the dry bulk vessel FEDERICA. The vessel has been fixed for a time charter period that will range between 4 to 6 months at a daily rate of USD 15,500.

The charter commenced in early November 2025 and is expected to run through at least till the end of February 2026, with an option to extend until April 2026.

The agreement is anticipated to generate revenues between USD 1.8 million and USD 2.8 million, enhancing the cash flow of the company.

This follows the company’s first successful charter, which delivered over USD 700,000 in revenues within just 50 days.

The company continues to pursue strategic opportunities that enhance shareholder value and further strengthen its position in the market.