19SEP2017 - News - Diana Shipping Inc. Announces Time Charter Contract for m/v Maera

ATHENS, GREECE, September 18, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Unico Logistics Co., Ltd., Seoul, for one of its Panamax dry bulk vessels, the m/v Maera. The gross charter rate is US$11,900 per day, minus a 5% commission paid to third parties, for a period of minimum nine (9) months to maximum eleven (11) months. The charter is expected to commence on September 19, 2017. The m/v Maera was previously chartered to Transgrain Shipping B.V., Rotterdam, at a gross charter rate of US$8,500 per day, minus a 5% commission paid to third parties, for a period of sixty-eight (68) days.
 
The “Maera” is a 75,403 dwt Panamax dry bulk vessel built in 2013.

News Link - http://www.dianashippinginc.com/news/news-diana-shipping-inc-announces-time-charter-contract-for-m-v-maera