Greece-based and New York-listed Diana Shipping has sealed a time charter deal with ST Shipping and Transport for one of its panamax dry bulk vessels, the m/v Maera.
The vessel “Maera” is a 75,403 dwt panamax dry bulk vessel built in 2013.
Diana Shipping led-by the Palios family said the charter is expected to commence on January 28, 2024.
The gross charter rate is $13,750, minus a 5% commission paid to third parties, for a period until minimum November 20, 2024 up to maximum January 20, 2025.
According to the company, the vessel is currently chartered to Cargill International, Geneva, at a gross charter rate of $12,000 per day, minus a 4.75% commission paid to third parties.
Diana Shipping claimed that the employment of the Maera will bring to the company around $4.03m of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping’s fleet currently consists of 40 dry bulk vessels.
Specifically, the company has in its fleet portfolio four newcastlemax, nine capesize, five post-panamax, six kamsarmax, seven panamax and nine ultramax.
The combined carrying capacity of the company’s fleet is approximately 4.5 million dwt, with a weighted average age of 10.59 years.
Diana’s vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials.
