New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with China Resource Chartering for one of its kamsarmax vessels.
The company hired the 2013-built, 75,403 dwt bulker Maera. The gross charter rate is $8,400 per day, minus a 5% commission paid to third parties, for a period until a minimum of September 20, 2025, up to a maximum of November 20, 2025.
The charter began on December 15. The employment of the bulker is anticipated to generate approximately $2.31m of gross revenue for the minimum scheduled period of the time charter.
Diana Shipping’s fleet consists of 38 dry bulk vessels – four newcastlemaxes, eight capesizes, five post-panamaxes, six kamsarmaxes, six panamaxes, and nine ultramaxes.
The company also expects to take delivery of two methanol dual fuel new-building kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively.
Currently, the combined carrying capacity of the fleet excluding the two vessels not yet delivered, is approximately 4.2m dwt with a weighted average age of 11.21 years.
