Diana shipping inc. announces time charter contract for m/v dsi andromeda with cargill

Athens, greece, march 20, 2025 (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 cargill ocean transportation (singapore) pte. ltd., for one of its ultramax dry bulk vessels, the m/v dsi andromeda. the gross charter rate is us$14,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum november 15, 2025 up to maximum january 15, 2026. the charter is expected to commence on march 29, 2025. the m/v dsi andromeda is currently chartered, as previously announced, to bunge sa, geneva, at a gross charter rate of us$13,500 per day, minus a 5.00% commission paid to third parties.
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