Diana Shipping nets $12.5m from fresh MOL and Bunge charters
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 <em>Los Angeles</em> 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 <em>DSI Aquarius</em> 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 <em>Semirio</em> 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 <em>Maera</em> 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.