Diana Shipping Announces New Time Charter Contract For M/V Polymnia

71

Diana Shipping Inc. (NYSE: DSX), a global leader in dry bulk shipping, announces a new time charter contract for its Post-Panamax dry bulk vessel, the m/v Polymnia. 

Contract: Reachy Shipping (SGP) Pte. Ltd. chartered the m/v Polymnia.

Charter Rate: US$17,500 per day (gross) for a minimum of 14 months, up to a maximum of 16 months. 

Start Date: Expected to commence on June 8, 2024.

Revenue: The contract is anticipated to generate approximately US$7.25 million in gross revenue for the minimum scheduled period.

Fleet Update: Upon completion of the previously announced sale of m/v Houston, Diana Shipping’s fleet will consist of 38 vessels.

Additional Information

The m/v Polymnia is a 98,704 dwt Post-Panamax dry bulk vessel built in 2012.Diana Shipping expects to take delivery of two new Kamsarmax dry bulk vessels by 2028.

About Diana Shipping Inc.

Diana Shipping Inc. is a global provider of shipping transportation services specializing in the ownership and operation of dry bulk vessels. The Company’s vessels transport various dry bulk cargoes worldwide.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe!

Source: Diana Shipping Inc.