Diana Shipping locks charter deal with China Resource Chartering

Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with China Resource Chartering Pte. Ltd., for one of its panamax dry bulk vessels.

China Resource Chartering hired the 77,901-dwt panamax dry bulk vessel Ismene built in 2013.

Semiramis Paliou-led Diana fixed the vessel for a period until minimum March 20, 2026 up to maximum May 20, 2026.

The vessel is chartered to a gross charter rate of $11,000 per day, minus a 5.00% commission paid to third parties.

The charter is expected to begin on April 26.

The Greek shipowner said the employment of Ismene is anticipated to generate approximately $3.54m of gross revenue for the minimum scheduled