Greek dry bulk owner Diana Shipping has entered into a time charter contract with SwissMarine for its 2007-built 174,261 DWT Capesize Semirio.

The gross charter rate is $13,500 per day for a period until October 5, 2021 minimum up to December 20, 2021 maximum.

The company expects the deployment to generate approximately $3.7m of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping’s fleet currently consists of 37 dry bulk vessels.