Diana Announces Time Charter Contract for m/v Maia


Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hyundai Glovis Co. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Maia.

The gross charter rate is US$25,000 per day, minus a 5% commission paid to third parties, for a period until minimum September 20, 2023 up to maximum November 20, 2023. The charter is expected to commence on May 23, 2022.

The “Maia” is a 82,193 dwt Kamsarmax dry bulk vessel built in 2009.

The employment of “Maia” is anticipated to generate approximately US$13.43 million of gross revenue for the minimum scheduled period of the time charter.