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Diana Shipping enters into contract for m/v Maera dry bulk vessel

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Dry Bulk,


Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ST Shipping and Transport Pte. Ltd. (Singapore), for one of its panamax dry bulk vessels, the m/v Maera.

The gross charter rate is US$11 750/d, minus a 5% commission paid to third parties, for a period of about seven months to maximum nine months. The charter commenced on 4 July 2018.

The Maera is a 75 403 dwt panamax dry bulk vessel built in 2013.

This employment is anticipated to generate approximately US$2.29 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 50 dry bulk vessels (four newcastlemax, 14 capesize, five post-panamax, five kamsarmax and 22 panamax). As of 10 July, the combined carrying capacity of the company’s fleet is approximately 5.8 million dwt with a weighted average age of 8.88 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/11072018/diana-shipping-enters-into-contract-for-mv-maera-dry-bulk-vessel/

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Dry bulk shipping market Panamax news