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Diana Shipping Inc.
DSX, a global shipping company specializing in the ownership and
operation of dry bulk vessels, today announced that it has entered into a time
charter contract with Glencore Grain B.V., Rotterdam, through a separate
wholly-owned subsidiary, for one of its Kamsarmax dry bulk carriers, the m/v
Maia. The gross charter rate is US$10,900 per day, minus a 5% commission paid
to third parties, for a period of about eighteen (18) months to maximum
twenty-four (24) months. The charter is expected to commence at the end of
February 2013.
The Maia is a 82,193 dwt Kamsarmax dry bulk vessel built in 2009.
This employment is anticipated to generate approximately US$5.7 million of
gross revenue for the minimum scheduled period of the charter.
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