Diana Shipping announces time charter contract for m/v Maera with ST Shipping
Wednesday, Jul 11, 2018
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today 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 per day, minus a 5% commission paid to third parties, for a period of about seven (7) months to maximum nine (9) months. The charter commenced on July 4, 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 (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax). As of today, the combined carrying capacity of the Company’s fleet is approximately 5.8 million dwt with a weighted average age of 8.88 years.

For more information, please visit: http://www.dianashippinginc.com

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