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Stock impact report

Diana Shipping Inc. Announces Time Charter Contract for m/v New Orleans With Cargill

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, April 10, 2019 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v New Orleans. The gross charter rate is US$15,000 per day, minus a 4.75% commission paid to third parties, for a period of about sixteen (16) months to about nineteen (19) months. The charter commenced earlier today. The “New Orleans” is a 180,960 dwt Capesize dry bulk vessel built in 2015. This employment is anticipated to generate approximately US$6.98 million of gross revenue for the minimum scheduled period of the time charter. Upon completion of the previously announced sale of one Panamax dry bulk vessel, the m/v Dione, Diana Shipping Inc.’s fleet will consist of 46 dry bulk vessels (4 Newcastlemax, 14 Show less Read more
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