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Stock impact report

Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Pegasus with Cargill Ocean Transportation [Yahoo! Finance]

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: Yahoo! Finance
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 Cargill Ocean Transportation (Singapore) Pte. Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Pegasus. The gross charter rate is US$15,250 per day, minus a 4.75% commission paid to third parties, for a period until minimum June 1, 2025 up to maximum August 1, 2025. The charter is expected to commence on September 4, 2024. The m/v DSI Pegasus is currently chartered, as previously announced, to Reachy Shipping (SGP) Pte. Ltd., at a gross charter rate of US$14,000 per day, minus a 5.00% commission paid to third parties. The “DSI Pegasus” is a 60,508 dwt Ultramax dry bulk vessel built in 2015. The employment of “DSI Pegasus” is anticipated to generate approximately US$4.09 million of gross revenue for the minimum scheduled period of the time charter. Upon completion of the previously announced sale of m/ Show less Read more
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