m/v Maera

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Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Semirio With Solebay and Time Charter Contract for m/v Maera With CRC Shipping
Globenewswireยท 2025-10-22 13:25
Core Viewpoint - Diana Shipping Inc. has extended time charter contracts for two of its dry bulk vessels, the m/v Semirio and the m/v Maera, which are expected to generate significant revenue for the company [1][3][4]. Group 1: Charter Contracts - The time charter contract for the m/v Semirio has been extended with Solebay Shipping Cape Company Limited at a gross charter rate of US$21,650 per day, effective from March 15, 2026, until a minimum of January 31, 2027, and a maximum of April 15, 2027 [1]. - The m/v Semirio is currently chartered at a gross rate of US$16,650 per day [1]. - The m/v Maera has entered into a time charter contract with CRC Shipping Pte. Ltd. at a gross charter rate of US$11,750 per day, expected to commence on November 2, 2025, and lasting until a minimum of October 20, 2026, and a maximum of December 20, 2026 [3]. Group 2: Revenue Generation - The employments of the m/v Semirio and m/v Maera are anticipated to generate approximately US$10.93 million in gross revenue for the minimum scheduled period of the time charters [4]. Group 3: Fleet Overview - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [5]. - The combined carrying capacity of the fleet, excluding two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.91 years [5]. - The company 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 [5]. Group 4: Company Profile - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [6].