Athens-based Diana Shipping has announced a time charter contract with US firm J Aron & Company for one of its Panamax dry bulk carriers.

The 73,546dwt carrier, M/V Naias, has been contracted at a gross rate of $19,000 a day for a maximum 13-month period.

The charter, believed to start from 24 August, will earn nearly $6.3m gross revenue during the period, Diana said.