The trading giant has fixed the 75,200-dwt Oceanis (built 2001) on a seven to 10 month deal.
In a statement Diana said the ship had secured $9,000 daily and will contribute revenue of around $1.9m.
The rate marks a marginal retreat from the $9,250 per day the vessel has been collecting from Ultrabulk for the past couple of years.
It is almost double the $5,000 daily panamaxes are earning in the struggling spot market right now.
