Diana shipping inc. announces time charter contract for m/v santa barbara with mitsui o.s.k. lines

Athens, greece, dec. 18, 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 mitsui o.s.k. lines, ltd., for one of its capesize dry bulk vessels, the m/v santa barbara. the gross charter rate is us$22,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum october 20, 2025 up to maximum december 20, 2025. the charter is expected to commence on december 28, 2024. the m/v santa barbara was chartered, as previously announced, to smart gain shipping co., limited, at a gross charter rate of us$21,250 per day, minus a 5.00% commission paid to third parties.
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