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Stock impact report

Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Altair with Propel Shipping

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, Sept. 19, 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 Propel Shipping Pte. Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Altair. The gross charter rate is US$15,750 per day, minus a 5.00% commission paid to third parties, for a period until minimum November 1, 2025 up to maximum December 31, 2025. The charter is expected to commence on September 26, 2024. The m/v DSI Altair is currently chartered, as previously announced, to Western Bulk Carrier AS, at a gross charter rate of US$13,800 per day, minus a 5.00% commission paid to third parties. The “DSI Altair” is a 60,309 dwt Ultramax dry bulk vessel built in 2016. The employment of “DSI Altair” is anticipated to generate approximately US$6.24 million of gross Show less Read more
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