Discover the Semirio: Ratings & Maritime News

Diana Shipping Inc., a prominent player in the global dry bulk shipping sector, has recently revealed a significant time charter agreement. Through one of its fully-owned subsidiaries, the company has partnered with SwissMarine Services S.A., based in Geneva, to secure the m/v Semirio, a Capesize dry bulk vessel. Under the terms of the contract, the gross daily charter rate is set at US$4,800, with a deduction of a 5% commission payable to third parties. The charter is agreed to last for a minimum of eleven months and can extend up to fifteen months, starting from February 6, 2016. The m/v Semirio, launched in 2007, boasts a deadweight tonnage of 174,261 dwt. This charter is projected to yield approximately US$1.58 million in gross revenue during the agreed minimum period.

On April 21, 2012, the bulk carrier Semirio executed a dramatic rescue operation 700 miles off the west coast of Guam, saving the crew of the blazing Taiwanese trawler Hsin Man Chun. The incident unfolded at approximately 4:30 p.m. local time when the Coast Guard Guam received an urgent distress signal from an Emergency Position-Indicating Radio Beacon (EPIRB) activated by the 70-foot fishing vessel. Responding swiftly, the Coast Guard enlisted the help of VP-1’s P-3 aircraft, which located ten crew members in peril. The P-3 identified eight crew members in a life raft, while two remained trapped on the burning vessel's bridge. To aid in the rescue, the aircraft dropped two life rafts into the water. Fortunately, the Semirio was only 40 miles from the scene, allowing for a prompt response. Upon arrival, the 980-foot bulk carrier launched its small boat, successfully retrieving all ten crew members from their harrowing situation. This operation highlights the importance of swift action in maritime emergencies. For detailed visuals of the rescue, visit http://www.d14.uscgnews.com/go/doc/800/1373547/