Diana Shipping Announces Time Charter Contract for m/v Maera with Cargill

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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 Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Maera. The gross charter rate is US$12,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum October 28, 2023 up to maximum December 28, 2023. The charter commenced earlier today.

The “Maera” is a 75,403 dwt Panamax dry bulk vessel built in 2013.

The employment of “Maera” is anticipated to generate approximately US$3.74 million of gross revenue for the minimum scheduled period of the time charter.

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