Diana Shipping Inc. announced today, October 22 2025, that it has extended the time charter contract for its Capesize dry bulk vessel m/v Semirio with Solebay Shipping Cape Company Limited. The new gross charter rate is $21,650 per day, up from $16,650, and the contract will commence on March 15 2026, with a minimum period ending January 31 2027 and a maximum period ending April 15 2027.
The company also entered into a new time charter contract for its Panamax vessel m/v Maera with CRC Shipping Pte. Ltd. The gross charter rate is $11,750 per day, effective November 2 2025, with a minimum period ending October 20 2026 and a maximum period ending December 20 2026.
The combined minimum scheduled period of the two charters is expected to generate approximately $10.93 million in gross revenue. The m/v Semirio is a 174,261 dwt Capesize vessel built in 2007, while the m/v Maera is a 75,403 dwt Panamax vessel built in 2013. These contracts strengthen DSX’s earnings visibility and support its disciplined chartering strategy.
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