Diana Shipping Secures Time Charter for Panamax Vessel

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Diana Shipping Inc. has entered into a time charter contract with China Resource Chartering Pte. Ltd., for one of its Panamax dry bulk vessels, the m/v Ismene, reads an official release.

Time charter 

The gross charter rate is US$11,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 20, 2026 up to maximum May 20, 2026. The charter is expected to commence on April 26, 2025.

The “Ismene” is a 77,901 dwt Panamax dry bulk vessel built in 2013. The employment of “Ismene” is anticipated to generate approximately US$3.54 million of gross revenue for the minimum scheduled period of the time charter.

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Source: Diana Shipping Inc.