|
Athens, Greece - September 28, 2023 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 Solebay Shipping Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Seattle. The gross charter rate is US$17,500 per day, minus a 5% commission paid to third parties, for a period until minimum July 15, 2025 up to maximum September 30, 2025. The new charter period is expected to commence on October 1, 2023. The "Seattle" is a 179,362 dwt Capesize dry bulk vessel built in 2011. The employment of "Seattle" is anticipated to generate approximately US$11.27 million of gross revenue for the minimum scheduled period of the time charter. Diana Shipping Inc.'s fleet currently consists of 41 dry bulk vessels: 4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax. As of today, the combined carrying capacity of the Company's fleet is approximately 4.7 million dwt with a weighted average age of 10.48 years. A table describing the current Diana Shipping Inc. fleet can be found on the Company's website, www.dianashippinginc.com. Information contained on the Company's website does not constitute a part of this press release. About the Company Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The Company's vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. 
M/V Seattle. Image by Diana Shipping. Diana Shipping Inc. press release 
|
