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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