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Diana Shipping Inc. announces time charter contract for m/v Maera

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Dry Bulk,


Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Unico Logistics Co., Ltd., Seoul, for one of its panamax dry bulk vessels, the m/v Maera.

The gross charter rate is US$11 900 per day, minus a 5% commission paid to third parties, for a period of minimum nine (9) months to maximum eleven (11) months. The charter is expected to commence on September 19, 2017. The m/v Maera was previously chartered to Transgrain Shipping B.V., Rotterdam, at a gross charter rate of US$8500 per day, minus a 5% commission paid to third parties, for a period of sixty-eight (68) days.

The “Maera” is a 75 403 DWT panamax dry bulk vessel built in 2013.

This employment is anticipated to generate approximately US$3.21 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 51 dry bulk vessels (four newcastlemax, 14 capesize, 5 post-panamax, 5 kamsarmax and 23 panamax). The combined carrying capacity of the company’s fleet is approximately 5.9 million DWT with a weighted average age of 8.13 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/19092017/diana-shipping-inc-announces-time-charter-contract-for-mv-maera/

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