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Tuesday, November 4, 2025
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Home Dry Bulk Shipping News

Diana Shipping nets $12.5m from fresh MOL and Bunge charters

November 4, 2025
in Dry Bulk Shipping News
Diana Shipping nets $12.5m from fresh MOL and Bunge charters
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Greek dry bulk owner Diana Shipping has sealed a fresh charter deal with MOL Ocean Bulk and extended another with Bunge, adding up to around $12.5m in gross revenue for the two vessels.
The New York-listed company said it fixed its 2012-built 206,104 dwt newcastlemax Los Angeles to MOL at $24,000 per day, less 5% commission, for a period running from November 2025 to between September and November 2026. The vessel had previously been on charter to NYK, earning $28,700 per day since mid-2024.
Separately, Diana extended the employment of its 2016-built 60,309 dwt ultramax DSI Aquarius with Bunge at $14,500 per day, also less 5% commission.
The new period will run from November 2025 to as late as December 2026, at an improved rate compared to the vessel’s previous fixture at $13,300 per day.The company, which currently controls a fleet of 36 bulkers, said the two fixtures are expected to generate a combined $12.55m in gross revenue over their minimum charter terms.
Most recently, Diana also locked in two of its vessels on fresh charter contracts, extending its coverage into 2027. The company secured a direct continuation for the 2007-built capesize Semirio with Solebay Shipping. The new deal will run from March 2026 at a daily rate of $21,650, compared with the current rate of $16,650. In a separate deal, Diana fixed the 2013-built panamax Maera to Singapore-based CRC Shipping. The new charter, set to begin in November, is for a minimum of 13 months at $11,750 per day, up from its current $8,400 rate with China Resource Chartering.
Tags: CharterItsNewTheWith

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