Diana shipping inc. announces direct continuation of time charter contract for m/v los angeles with nyk line

Athens, greece, july 05, 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 extended the time charter contract with nippon yusen kabushiki kaisha, tokyo, for one of its newcastlemax dry bulk vessels, the m/v los angeles. the gross charter rate is us$28,700 per day, minus a 5.00% commission paid to third parties, for a period until minimum october 1, 2025 up to maximum december 15, 2025. the new charter period is expected to commence on july 18, 2024. the m/v los angeles is currently chartered, as previously announced, at a gross charter rate of us$17,700 per day, minus a 5.00% commission paid to third parties.
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