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Diana Shipping announces time charter contract for m/v Maera

Published by , Editorial Assistant
Dry Bulk,


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

The gross charter rate is US$13 750, minus a 5% commission paid to third parties, for a period until minimum 20 November 2024 up to maximum 20 January 2025. The charter is expected to commence on 28 January 2024. The m/v Maera is currently chartered, as previously announced, to Cargill International S.A., Geneva, at a gross charter rate of US$12 000 per day, minus a 4.75% commission paid to third parties.

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

The employment of Maera is anticipated to generate approximately US$4.03 million of gross revenue for the minimum scheduled period of the time charter.


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Read the article online at: https://www.drybulkmagazine.com/shipping/23012024/diana-shipping-announces-time-charter-contract-for-mv-maera/

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