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Stock impact report

Diana Shipping Inc. Announces Time Charter Contract for m/v Philadelphia With NYK Line

Diana Shipping inc. common stock (DSX) 
Last diana shipping inc. common stock earnings: 2/21 07:53 am Check Earnings Report
US:NYSE Investor Relations: dianashippinginc.com/investors
Company Research Source: GlobeNewswire
ATHENS, Greece, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The gross charter rate is US$22,500, minus a 5% commission paid to third parties, for a period until minimum April 20, 2025 up to maximum July 20, 2025. The charter is expected to commence on February 5, 2024. The “Philadelphia” is a 206,040 dwt Newcastlemax dry bulk vessel built in 2012. The employment of “Philadelphia” is anticipated to generate approximately US$9.79 million of gross revenue for the minimum scheduled period of the time charter. Upon completion of the previously announced sale of m/v Artemis, Diana Shipping Inc.’s fleet will consist of 39 dry bulk Show less Read more
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