Diana shipping inc. announces time charter contract for m/v dsi altair with propel shipping

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.
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