Diana Shipping Secures Higher Rate for Panamax

Diana Shipping Greek dry bulshipping company Diana Shipping has secured a charter contract for one of its Panamaxes at a higher charter rate. Under the agreement with Seoul-based Unico Logistics, Diana Shippings dry bulker m/v Maera was hired at a gross charter rate of USD 11,900 per day for a period of nine to eleven months. The 75,403 dwt ships charter is expected to commence on September 19, 2017. Diana Shipping informed that it expects to generate some USD 3.21 million of gross revenue for the minimum scheduled period of the time charter. The 2013-built m/v Maera was previously chartered to Rotterdams Transgrain Shipping at a gross charter rate of USD 8,500 per day for a period of sixty-eight days.