The Geneva-based charterer has fixed the 73,500-dwt Naias (built 2006) on an 11 to 14 month contract.

Diana says the initial 30 days of the charter will be worth $5,500 daily, before expanding to $8,500 daily.

In all, Diana says the fresh contract will be worth at least $2.71m in revenue.

Earlier this week Diana Shipping reported a loss of $7.2m